01784cas a2200241 a 4500 AALejournalIMF018594 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484363546 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Republic of Lithuania : Selected Issues. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (32 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper analyzes the fiscal challenges in Lithuania. Lithuania's fiscal position has strengthened in recent years. However, medium term challenges are significant given the severe demographic pressures from population aging and net emigration. Lithuania's net financial worth of the general government is relatively strong compared with other countries in the region although contingent liabilities from the pension system are sizable. The recent reform of the pension system will help make the system more fiscally sustainable. Upcoming reforms should be carefully designed, considering their trade-offs, to ensure social sustainability; reduce old-age poverty; and limit adverse impact on labor supply and informality. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/186 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/186/002.2018.issue-186-en.xml IMF e-Library