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International Monetary Fund: It is important for Lithuania to restore productivity growth

productivity

According to the International Monetary Fund (IMF) experts, Lithuania’s economy has successfully weathered many unprecedented shocks in recent years and, after moderate growth in 2023, is expected to continue growing this year after gaining momentum last year. They also note that in order to increase spending on defence and social security, Lithuania needs to mobilise additional sources of revenue and attain greater efficiency in the public sector.

Source: finmin.lrv.lt

productivity

According to the International Monetary Fund (IMF) experts, Lithuania’s economy has successfully weathered many unprecedented shocks in recent years and, after moderate growth in 2023, is expected to continue growing this year after gaining momentum last year. They also note that in order to increase spending on defence and social security, Lithuania needs to mobilise additional sources of revenue and attain greater efficiency in the public sector.

Source: finmin.lrv.lt

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