IMF Representative in Lithuania Leaving the Country Praises its Economic Achievements
Published:
6 November 2002 y., Wednesday
Mark Horton, IMF representative in Lithuania, leaving the country after his three-year stay here, says Lithuania, which now boasts economic stability, growing GDP and low inflation, has approached its strategic goals – the EU and NATO membership.
Mr.Horton has also given good evaluation of the rational and pragmatic economic policy currently implemented by the Lithuanian government, of the country’s political stability and, among other things, praised smooth re-pegging of Lithuania’s national currency from the US dollar to the Euro at the beginning of 2002.
Mr. Horton came to Lithuania in 1999 and witnessed important economic and political developments of the country like the privatisation some big state-owned companies (the Lithuanian Savings Bank, the Lithuanian Shipping Company, etc.) or the start of the negotiations with the EU.
Šaltinis:
lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Parex Bankas won the tender organised by UAB Investicijų ir Verslo Garantijos regarding the financing of very small, small and medium-sized enterprises, and is to lend LTL 100 million together with other three selected banks.
more »
The European Commission has approved, under EC Treaty state aid rules, the €5 billion risk shield for German bank WestLB and accompanying measures, following an in-depth investigation opened in October 2008.
more »
MEPs have backed new rules to rebuild trust in Europe's battered banks through better financial supervision and risk management.
more »
Taking into consideration the tendencies in the market, starting from 11 May this year AB Bank SNORAS will change the interest rates on time deposits in Litas, Euro, Great Britain pounds and USA dollars.
more »
Now VW and Porsche who are looking into a merger.
more »
First European SME week supports small businesses and encourages entrepreneurship.
more »
Officials at an El Paso bank said $120,000 found at an ATM doesn't belong to the bank.
more »
The placing on the market of seal products should not be allowed say MEPs. It is permitted only where the seal products result from hunts traditionally conducted by Inuit and other indigenous communities.
more »
President Barack Obama is calling on Congress to overhaul tax policies that he said reward companies for shifting U.S. jobs overseas and allow wealthy people to evade taxes using offshore accounts.
more »
MEPs will discuss the protection of animals used for science Monday evening along with a proposal to ban the trade in seal products.
more »