Lithuanian Social Insurance Fund posts all-time highest revenue

EUR 945.7 budget revenue was received in January-April 2015, which represents a 6.7-percent (EUR 59 million) increase compared with the same period of 2014. However, this is by 1.1 percent (EUR 10.7 million) less than projected.

The previous record of budget revenue was observed in 2008, when EUR 920.9 million was collected in four months.

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Sodra’s budget expenditure in the first four months of 2015 amounted to EUR 1.1 billion. This is by 2.4 percent (EUR 25.6 million) more compared with the first four months of 2014, but by 1.9 percent (EIR 21.3 million) less than projected.

Since January to the end of April Sodra posted a deficit of EUR 158.9 million. This is by 17.4 percent (EUR 33.5 million) less than in the related period of 2014 and by 6.3 percent (EUR 10.6 million) less that projected.

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