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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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2013.
Colección:IMF Staff Country Reports; Country Report ; No. 2013/082
Acceso en línea:Full text available on IMF
Descripción
Sumario: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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Descripción Física:1 online resource (18 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students