{
  "title": "Republic of Lithuania: Request for Stand-By Arrangement",
  "publication": "IMF Staff Country Reports, September 14, 2001",
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  "summary": "Lithuania achieved significant progress in macroeconomic stabilization and structural reforms, under the previous Stand-By Arrangement.",
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    {
      "heading": "Summary — Findings and Program Goals",
      "content": "- Lithuania achieved significant progress in macroeconomic stabilization and structural reforms under the previous Stand-By Arrangement.\n- Executive Directors welcomed the new program, which aimed at:\n  - maintaining macroeconomic stability,\n  - promoting private sector activity,\n  - strengthening external viability,\n  - attaining sustainable growth, and\n  - creating employment opportunities.\n- Executive Directors stressed the need to implement fiscal and structural reforms.\n- Executive Directors agreed that the authorities are following an appropriate approach of:\n  - preparing a medium-term fiscal framework,\n  - determining priorities, and\n  - seeking ways to achieve the medium-term goal of a balanced budget."
    },
    {
      "heading": "Policy recommendations and implementation priorities",
      "content": "- Implement fiscal reforms to support the medium-term goal of a balanced budget.\n- Implement structural reforms to sustain macroeconomic stabilization and strengthen private sector activity.\n- Finalize and operationalize a medium-term fiscal framework that sets clear priorities for fiscal policy and public spending.\n- Pursue measures to strengthen external viability to support sustainable growth and employment creation."
    },
    {
      "heading": "Subject areas and keywords (as listed)",
      "content": "- Subject: Arrears, Banking, Commercial banks, Economic sectors, Expenditure, External debt, Financial institutions, Privatization\n- Keywords: Arrears, authorities' strategy, Baltics, Commercial banks, CR, EU accession, EU requirement, government, government intervention, government regulation, ISCR, Privatization, privatization program, SDR, Western Europe\n\n---\n\n Content in this bundle\n\n- cr01160\n  - cr01160 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr01160 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Authors: Arrangement Lithuania",
    "Published: September 14, 2001",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451824063.002",
    "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:",
    "Executive Directors stressed the need to implement fiscal and structural reforms.",
    "Executive Directors agreed that the authorities are following an appropriate approach of:",
    "Implement fiscal reforms to support the medium-term goal of a balanced budget.",
    "Implement structural reforms to sustain macroeconomic stabilization and strengthen private sector activity.",
    "Finalize and operationalize a medium-term fiscal framework that sets clear priorities for fiscal policy and public spending.",
    "Pursue measures to strengthen external viability to support sustainable growth and employment creation.",
    "Subject: Arrears, Banking, Commercial banks, Economic sectors, Expenditure, External debt, Financial institutions, Privatization",
    "Keywords: Arrears, authorities' strategy, Baltics, Commercial banks, CR, EU accession, EU requirement, government, government intervention, government regulation, ISCR, Privatization, privatization program, SDR, Western Europe",
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