Age, Biography and Wiki
Adolfas Šleževičius was born on 2 February, 1948 in Lithuania, is a politician. Discover Adolfas Šleževičius's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 74 years old?
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Age |
74 years old |
Zodiac Sign |
Aquarius |
Born |
2 February, 1948 |
Birthday |
2 February |
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Date of death |
December 06, 2022 |
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Nationality |
Lithuania |
We recommend you to check the complete list of Famous People born on 2 February.
He is a member of famous politician with the age 74 years old group.
Adolfas Šleževičius Height, Weight & Measurements
At 74 years old, Adolfas Šleževičius height not available right now. We will update Adolfas Šleževičius's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Adolfas Šleževičius Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Adolfas Šleževičius worth at the age of 74 years old? Adolfas Šleževičius’s income source is mostly from being a successful politician. He is from Lithuania. We have estimated
Adolfas Šleževičius's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
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Not Available |
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Source of Income |
politician |
Adolfas Šleževičius Social Network
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Timeline
Šleževičius died on 6 December 2022, at the age of 74.
He was forced to resign on 8 February 1996, after a vote of no confidence in the Lithuanian Seimas following charges of corruption. Šleževičius had withdrawn his assets at the last minute from two banks that collapsed. He faced criminal charges regarding corruption and forgery, but after four years of investigation, the case was dismissed before reaching a court. After his abortive political career, Šleževičius turned to private business.
In October 1993, Šleževičius announced that the value of the litas would be fixed in a manner similar to that of the Estonian kroon, that is, in a currency board arrangement with a fixed parity. The litas Stability Law (Law I-407) was enacted on 23 March 1994, and the exchange rate fixed at 3.9 litai per U.S. dollar on 1 April 1994. The fixing of the exchange rate contributed to large capital inflows from abroad, which helped to finance the modernization of the economy in the years to follow.
Previously a manager in a state dairy company, Šleževičius was appointed Prime Minister following the election of Algirdas Brazauskas as president in February 1993. At the time, Lithuania was faced with monthly inflation of 10–30% despite the demonetization of the ruble and introduction of the talonas (coupon money) on 1 October 1992. After initially promising large wage hikes to state workers, Šleževičius implemented a smaller increase and backed a tightening of monetary policy by the Bank of Lithuania. This brought monthly inflation down from 25% in May 1993 to 13% in May, 6% in June, and 3% in July. With this progress in stabilization, the Litas Committee (composed of Šleževičius, President Brazauskas, and Bank of Lithuania President Visokavičius) announced the reintroduction of the Lithuanian litas as the national currency, to take place on 25 June 1993. The exchange rate strengthened from the equivalent of over 5 litai to 3.5 litai by August 1993.
Adolfas Šleževičius (2 February 1948 – 6 December 2022) was a Lithuanian politician who served as Prime Minister from 1993 to 1996.