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The article offers updates on the political and economic scene in Lithuania in 2011. President Dalia Grybauskaite urged the government to restore pensions and warned against wage increase for bureaucrats. January-July deficit declined to 29.4% at 3.4 billion Lithuanian litas. The Bank of Lithuania (BoL) has regulations that limit the loans issued by credit unions and banks effective November 1, 2011. INSET: Unemployment continues to fall.

The article presents political and economic policy outlook of Lithuania from 2012-2016. It is expected that party politics will remain volatile and the government will continue to pursue foreign policy based on its membership of the North Atlantic Treaty Organization (NATO). Budget deficit is expected to exceed 3% of the gross domestic product (GDP) Maastricht limit in 2012, and inflation will average at 3% during the forecast period.

The article presents highlights of the political and economic outlook of Lithuania from 2012-2016. An overview of the country's political scene including the October 2012 election and government policy which is expected to remain pro-Western and favour open economy. It anticipates that inflation will average at 3% as well as gross domestic (GDP) at 3.6% during the forecast period.