VILNIUSBolstered by a late surge in exports, the Lithuanian economy surpassed initial forecasts and grew by 5.9 percent in 2002, according to figures released by the statistics department and the Ministry of Finance.Moreover, ministry analysts believe all the conditions are in place for the brisk growth to continue this year. "GDP growth is sustainable," stated Richardas Kasperavicius, head of the macroeconomics division at Lithuania's Ministry of Economy. "We forecast into the medium term a growth rate of 5 percent will continue."A year ago the Finance Ministry predicted annual growth of 5...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.
In case you don't have a subscription yet - please visit our
SUBSCRIPTION section
