Fiscal Deficit -- Elevated Risk

February 2009
Emerging Europe Monitor: Central Europe & Baltic States;Feb2009, Vol. 16 Issue 2, p12
Country Report
The article presents an economic outlook for Lithuania for 2009. Analysts at Business Monitor International (BMI) view the government's plans to reduce the fiscal deficit in 2009 as a positive sign. They also believe that the deficit target of 2.1% of gross domestic product (GDP) is over-optimistic. Further, they warned that the government's failure to address increasing macroeconomic risks could lead to public protests and unrest.


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