IMF points to Lithuania’s economic resilience

In the face of Russia’s war against Ukraine and energy price shock, Lithuania’s economy has shown resilience, although economic growth will slow down next year. Against a backdrop of high inflation, it is crucial to align fiscal and monetary policies by applying targeted support measures.

It is also necessary to continue implementing reforms aimed at boosting economic potential and consider additional sustainable sources of income. This is reported by the International Monetary Fund (IMF) staff following last week’s visit to Lithuania during which Lithuania’s economic situation and prospects were discussed with representatives of the country’s institutions, the Bank of Lithuania said.