Lithua­nia’s econ­omy toslow­downby 2.7%

China Daily (USA) - - BUSINESS -

Lithua­nia’s gross do­mes­tic prod­uct will grow by 2.7 per­cent next year, half a per­cent­age point less than pro­jected six months ago, the coun­try’s Fi­nanceMin­is­ter Rasa Bud­ber­gyte said on Tues­day. The growth fore­cast has been re­vised down­ward due to Brexit and geopo­lit­i­cal chal­lenges, Bud­ber­gyte said. “We must be ready to meet th­ese chal­lenges. There­fore, we need to adopt a re­al­is­tic and pru­dent bud­get which meets the rules of fis­cal dis­ci­pline,” she was quoted as say­ing by lo­cal me­dia.

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