Republic of Lithuania: Staff Report for the 2001 Article IV Consultation and First Review Under the Stand-By Arrangement

International Monetary Fund

No 2002/008, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper examines the Republic of Lithuania’s 2001 Article IV Consultation and First Review Under the Stand-By Arrangement. The macroeconomic objectives for 2001 are expected to be largely attained and all end-September performance criteria and structural benchmarks were met. The authorities’ priority is to stabilize revenue while creating a tax system consistent with European Union (EU) requirements. Underpinned by the fiscal adjustment, the currency board arrangement continued to anchor macroeconomic policies. The authorities remain committed to their ambitious structural reform agenda, which is driven in part by requirements of EU accession.

Keywords: ISCR; CR; government; procedure; stand-by credit; EU accession policy; liquidation procedure; accession process; EU accession negotiations; Exports; Structural reforms; Global (search for similar items in EconPapers)
Pages: 95
Date: 2002-01-24
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