Lithuania boosts cbank independence in law

- Central Banking staff
- 13 Mar 2001

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Lithuanian parliament on Mar 13, 2001 approved amendments to the law on the central bank aimed at cementing its independence and giving the institution more freedom to shape monetary policy.

The bill was approved with an 80-1 vote with eight abstentions and the rest of the MPs from the 141-member chamber absent or not participating in the vote, Parliament Speaker Arturas Paulauskas told the legislature.

The bill will also shift the main focus of the bank to price stability from currency

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com