At that time, the 2027 GDP forecast was improved by 0.4 percentage points to 2.4%, while the 2028 forecast was reduced by 0.2 points to 3.1 percent.
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“In the near future, the Lithuanian economy should grow quite steadily, stronger external demand will compensate for the smaller second-stage funds impulse and its fading, a smaller consumption surge also means a smaller downturn next year,” said LB head Gediminas Šimkus at the forecast presentation on Tuesday.
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