The Central Bank of Lithuania said on March 22 it expects the country’s gross domestic product (GDP) to grow by 2.9 percent in 2021 and by 5.1 percent in 2022. Last December, the central bank projected that the national economy would grow by 1.9 percent in 2021. Should the pandemic be brought under control successfully in the near future, the country’s GDP would grow by 3.8 percent this year and by 6 percent in 2022 under the favourable scenario of the Bank of Lithuania.
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