SEB bank predicts Lithuanian economic growth of up to 3% next year

Lithuania’s economic growth is expected not to exceed 3 percent in 2024, given the current monetary tightening policy, an economist with SEB bank says.

The SEB bank presented its quarterly review of macroeconomics on Wednesday.

According to Tadas Povilauskas, unlike in the pandemic years, we have the monetary tightening policy in place, not monetary stimulus, and the general government is also not “into spending.”