Lithuania’s economic recovery this year is faster than projected
Against the background of geopolitical tensions and fragmentation of the world economy, Lithuania withstood the price shock and remained competitive in foreign markets, and this year the economy is expected to grow faster than previously forecast.
The favourable economic development paves the way for decisive structural reforms needed to address long-term challenges. These decisions are necessary in order for Lithuania to continue to move closer to the standard of living in Western Europe.
