IMF mission begins work in Lithuania
In preparation for the 2021 consultations with the Republic of Lithuania under Article IV of the Articles of Agreement of the International Monetary Fund (IMF), an IMF mission, led by Borja Gracia, will work remotely on 25-29 January.
The IMF experts will analyse Lithuania’s macroeconomic situation, economic development and labour market forecasts, situation in the financial sector as well as fiscal policy and devote much attention to the impact of the COVID-19 pandemic and the implementation of measures in response to the crisis.
The members of the IMF mission will remotely meet with the Board of the Bank of Lithuania as well as representatives from the Financial Market Supervision Service and the Economics and Financial Stability Service of the Bank of Lithuania. They will also meet with the representatives of the Ministry of Finance, other public institutions and the private sector.
Lithuania has been a member of the IMF since 1992. Currently, the membership of the IMF includes 190 countries.