Republic of Lithuania: Request for Stand-By Arrangement
Electronic Access:
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Summary:
Lithuania achieved significant progress in macroeconomic stabilization and structural reforms, under the previous Stand-By Arrangement. Executive Directors welcomed the new program, which aimed at maintaining macroeconomic stability, promoting private sector activity, and strengthening external viability in order to attain sustainable growth and create employment opportunities. They stressed the need to implement fiscal and structural reforms. They agreed that the authorities are following an appropriate approach of preparing a medium-term fiscal framework, determining priorities, and seeking ways to achieve the medium-term goal of a balanced budget.
Series:
Country Report No. 2001/160
Subject:
Arrears Banking Commercial banks Economic sectors Expenditure External debt Financial institutions Privatization
English
Publication Date:
September 14, 2001
ISBN/ISSN:
9781451824063/1934-7685
Stock No:
1LTUEA0042001
Pages:
91
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