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
HP (NYSE:HPQ) today announced financial results for its first fiscal quarter ended Jan. 31, 2009, with net revenue of $28.8 billion, up 1% from a year earlier and up 4% when adjusted for the effects of currency.
more »
Saddled with an ongoing housing crisis, rising unemployment and an arguably flawed system of balancing the budget, California's "Golden dream" has turned a dismal shade of gray.
more »
ATM software provider Level Four Americas LLC found in a recent survey that 67 percent of U.S. adults who use financial institution with ATMs would be likely to switch FIs after an instance of ATM fraud or a data breach.
more »
As designers put the finishing touches to their collections ahead of this year New York fashion week, the recession is on everyone's minds.
more »
On February 17 - March 13 this year, AB Bank SNORAS distributes one-year bonds with the fixed 11 per cent annual return, which can be regained after keeping the bonds for at least 28 days.
more »
Europe's controversial fishing policy was under scrutiny Tuesday at a public hearing in Parliament about its future shape.
more »
The European Commission has approved, under EC Treaty state aid rules, a Swedish aid scheme intended to bolster the financing of the real economy by providing capital to banks.
more »
During the draw another five winners of the Danske Bankas monthly Scholarship award were announced.
more »
In the special action of Bank SNORAS the participating depositors were presented 12 monetary prizes whose value reaches from 1 up to 50 thousand Litas.
more »
Solid performance despite rapid economic slowdown.
more »