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
In Brussels, Prime Minister Gediminas Kirkilas participated in the meeting of Nordic and Baltic (NB6) Prime Ministers which focused on the pressing topics on the agenda of the European Council: global finance crisis, energy, climate change, EU-Russia relations, and financial situation in Iceland.
more »
Prime Minister Gediminas Kirkilas attended the working dinner with President of the European Commission José Manuel Barroso, Danish, Estonian, Finnish, Latvian, Polish Prime Ministers – Anders Fogh Rasmussen, Andrus Ansip, Matti Vanhanen, Ivars Godmanis, Donald Tusk – and Swedish Minister of Foreign Affairs Carl Bildt.
more »
The European Commission has put forward a revision of EU rules on deposit guarantee schemes that puts into action the commitments made by EU Finance Ministers on 7 October.
more »
The United States began releasing long-awaited details of its $700 billion rescue plan.
more »
Australia's Prime Minister announces plans for the government to guarantee bank deposits for the next three years.
more »
Ethical bank, Triodos, says it is offering customers an alternative way to invest their funds.
more »
Energy security was the dominant theme during the meeting between Lithuanian Prime Minister Gediminas Kirkilas and Latvian Prime Minister Ivars Godmanis.
more »
The draft law would require utilities to separate – or unbundle – the distribution of electricity and gas from production.
more »
A holistic approach to eradicating poverty, which seeks to ensure adequate incomes, quality jobs and better access to social services, is advocated by the EP in an own-initiative report.
more »
Dubai showcases multi-billion dollar development projects at the annual Cityscape exhibition.
more »