Lithuania - Economic growth and inequality - April 30, 2017

In a comment to the economic outlook, the chair of the national bank stated that growing inequality in income and economic opportunities are issues that are relevant to all. While the economy’s recovery and growth look positive, the gap between the richest households and those with the lowest income continues to be unjustifiably large; hence, people’s feelings about economic growth vary, and not everyone’s quality of life has been improving. It is therefore necessary, in formulating and implementing modern taxation and social policies, for the focus to be targeted on the reduction of social exclusion.

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