A gradual approach will remain appropriate as long as inflationary pressures remain muted, the economy remains short of our objectives, the neutral rate remains low, and downside risks from abroad remain, although this will depend on the fiscal trajectory, as it evolves, and its uncertain effects on the economy and financial markets.
The growing Fintech sector also contributes towards solving the structural problem of concentration in the Lithuanian financial sector. At the same time, business funding through crowdfunding platforms also gained traction. As pointed out in the EIB Investment Survey that will be presented here shortly, total investment in Lithuania rose to 5% above pre-pandemic levels by the end of 2021.