The experts said the human capital was the main driver behind productivity of modern economy.
According to the IMF conclusions, Lithuania’s economy driven by private consumption is successfully recovering from the sluggish 2015-2016 period and should keep the fast pace of development in the short run.
The reforms should also help realize the objective of Lithuania’s ruling parties to bridge income inequality, at the same time preserving macroeconomic and financial stability, IMF said in the recommendations.
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