International Monetary Fund

Chairman of the Board of the Bank of Lithuania, Vitas Vasiliauskas, begins his visit in Washington, DC, where he will attend the meetings of the International Monetary Fund (IMF) on 16-18 April. At these meetings, central bank governors and finance ministers will discuss measures for accelerating gl...

On Tuesday, 14 April, the International Monetary Fund (IMF) published its World Economic Outlook in which Lithuania has been classified as an advanced economy. Previously the IMF regarded Lithuania as an emerging market.

After the International Monetary Fund has warned that Lithuania this year is facing serious challenges in public finances, an economist says that meeting this year's budget targets will not be easy.

The International Monetary Fund (IMF) has revised down its forecast for Lithuania’s economic growth this year to 2.8 percent, from 3.3 percent projected last October.

Professional services firm EY (Ernst&Young) forecasts that Lithuania's GDP will grow 3.6 percent in 2015. The adoption of the euro, reduced financial risks and cheaper borrowing will allow the Lithuanian economy to grow three times faster than the euro area average, whereas in two years economic gro...

Lithuanian asset manager Aivaras Abromavičius was appointed Ukraine's economy minister late last year to help save the country from bankruptcy. Is he up for the job, asks Bloomberg columnist Leonid Bershidsky.

The group of emerging major economies, BRICS, may become a key geopolitical player, although its perspectives will become clearer after establishment of a development bank, India's former foreign minister Salman Khurshid said in Vilnius.

Prime Minister Algirdas Butkevičius says that he opposed a universal tax on real estate.

Despite criticism of the Finance Ministry's optimistic Lithuanian GDP growth forecasts for next year, Finance Minister Rimantas Šadžius says that the country's economic growth will be faster than in the euro zone but "not explosive" and warns that difficulties caused by the crisis in the EU-Russia r...

International Monetary Fund (IMF) forecasts that Lithuania's GDP will grow 3 percent this year and 3.3 percent next year.

The IMF mission chief for Lithuania sees no room for further increases in minimum monthly wages, saying that the ratio of minimum wages to average wages is rather high already, the business daily Verslo Žinios reports.

With Lithuania's authorities planning to increase spending on national defence and to compensate for pension cuts, the economy might not grow fast enough to support increases in public spending and the government next year may have to broaden the revenue base and cut back on some expenses, the Inter...

On Monday, Lithuanian Minister of Finance Rimantas Šadžius and representatives of the International Monetary Fund's (IMF) mission summed up the mission's visit to Lithuania.

Lithuania and other Eastern European economies with close links with Russia could be seriously affected by a slowdown in the Russian economy or the sanctions imposed by the West against Moscow, analysts of the International Monetary Fund (IMF) have said.