Under the bill, passed by the Seimas on Dec. 12, Lithuania projects, for the first time, a general government surplus and is set to meet, also for the first time, NATO’s 2 percent of GDP defence spending target.
The government says that the 2018 budget focuses on reducing poverty, boosting national security, improving health care, promoting entrepreneurship and investment, and making municipalities less financially dependent on the central government.
Spending on reducing social exclusion is set to increase by 600 million euros next year compared with this year.
On March 31 morning, Minister of National Defence Dovilė Šakalienė announced that an M88 armoured…
I admit it: I’m not that type of person who follows domestic and international politics…
While Prime Minister Gintautas Paluckas does not take issue with the statements made by the…
Lithuanian economists are surprised to see our country's economic growth: the Estonian economy has been…
"The fate of Nemuno Aušra (Dawn of Nemunas) in the coalition has been decided; they…
Airvolve, a Lithuanian dual-purpose aeronautics company, has successfully completed its first round of testing and…
