TITLE

Deficit Narrowing Ahead

PUB. DATE
September 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;
SOURCE TYPE
DOC. TYPE
Article
ABSTRACT
The article offers forecast on the economic condition in Lithuania. It predicts a decline in the nation's budget deficit from 7.1 percent of gross domestic product (GDP) in 2010 to five percent of GDP in 2011 and expects the deficit to reach 3.8 percent of GDP of by 2012. It also explores the need for the nation to cut spending due to limited budget brought by an elevated unemployment rate.
ACCESSION #
65916064

 

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