Republic of Lithuania : Selected Issues.

This Selected Issues paper discusses Lithuania's efforts towards a sustainable and inclusive consolidation. Lithuania has implemented fiscal measures amounting to 17 percent of GDP during 2009-2012, about half of which were frontloaded in 2009. The report shows that Lithuania's tax system,...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Staff Country Reports; Country Report ; No. 2013/082
Online Access:Full text available on IMF
Description
Summary:This Selected Issues paper discusses Lithuania's efforts towards a sustainable and inclusive consolidation. Lithuania has implemented fiscal measures amounting to 17 percent of GDP during 2009-2012, about half of which were frontloaded in 2009. The report shows that Lithuania's tax system, in comparison with other European Union member countries, is skewed toward labor and consumption taxes and plays a more limited role in income redistribution, especially in the upper-income brackets. It is highlighted that the country's fiscal adjustment since 2009 has relied mainly on expenditure measures.
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<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (18 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students