Republic of Lithuania : Selected Issues and Statistical Appendix.

This Selected Issues paper and Statistical Appendix analyzes economic developments in Lithuania during 1996-99. The paper discusses macroeconomic developments and policies in detail. It discusses the importance of fiscal prudence in maintaining sustainable fiscal and external positions over the medi...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Staff Country Reports; Country Report ; No. 1999/096
Online Access:Full text available on IMF
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245 1 0 |a Republic of Lithuania :   |b Selected Issues and Statistical Appendix. 
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520 3 |a This Selected Issues paper and Statistical Appendix analyzes economic developments in Lithuania during 1996-99. The paper discusses macroeconomic developments and policies in detail. It discusses the importance of fiscal prudence in maintaining sustainable fiscal and external positions over the medium term, and emphasizes that reining in budgetary spending will be a key challenge in the period ahead. The paper reviews external competitiveness and concludes that Lithuania's competitiveness has remained adequate through early 1999, although there remains little room for further real appreciation and wage rises that are not related to productivity increases. 
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