Republic of Lithuania : 2010 article IV consultation - staff report ; staff supplement ; public information notice on the executive board discussion ; and statement by the executive director for Lithuania.
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Imprint: | [Washington, D.C.] : International Monetary Fund, 2010. |
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Description: | 1 online resource (1 volume (various pagings)) |
Language: | English |
Series: | IMF Staff Country Reports IMF Staff Country Reports. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12498632 |
Summary: | Lithuania experienced a severe output decline. A large consolidation contained the deterioration in the fiscal deficit and safeguarded market financing. Further fiscal consolidation is needed to place deficits and debt on a sustainable path. Tackling the deficit in the social security system and expanding the revenue base will achieve adjustment in a sustainable, pro-growth, and equitable manner. A sustained recovery also hinges on the ability of the economy to rebalance toward tradables. The rising level of unemployment makes it imperative to advance with structural reforms. |
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Physical Description: | 1 online resource (1 volume (various pagings)) |
ISBN: | 9781455296989 1455296988 1455203432 9781455203437 1462332218 9781462332212 1282847074 9781282847071 9786612847073 6612847077 1455203793 9781455203796 |