State budget

  • Economy

State reserves lower than planned: warning light is blinking

General government balance is better than expected, however, amounts accumulated in state reserves are lower than planned. The National Audit…

5 years ago
  • Economy

Finmin says surplus budget possible in future too

Lithuania's general government budget balance last year moved into positive territory for the first time in 26 years and Finance…

8 years ago
  • Politics

Balanced budget unlikely because of social spending – Seimas speaker

Parliamentary Speaker Loreta Graužinienė doubts the promises made by Finance Minister Rasa Budbergytė that Lithuania will have a balanced budget…

8 years ago
  • Politics

Government to seek balanced budget in 2017

In an effort to bolster financial stability, the Lithuanian Ministry of Finance intends to submit a deficit-free 2017 budget to…

8 years ago
  • Economy

Lithuania ‘can have surplus budget’ this year

Lithuanian Finance Minister Rimantas Šadžius says that the government could finish the year with extra funds in the state coffers.…

8 years ago
  • CORPORATE

Government wants to cut administrative costs by a further 5% next year

Next year, the government intends to continue its current policy of reducing administrative costs by preparing a budget for 2017…

8 years ago
  • CORPORATE

Lithuanian government targets budget surplus

The Lithuanian government is planning to have a balanced budget in 2017 and run a small surplus in 2018-2019, according…

9 years ago
  • Economy

Tax revenues ahead of projections so far

Lithuania's central government and municipalities collected €1.132 billion in taxes over January-February 2016, exceeding the target by €25.1 million, or…

9 years ago
  • CORPORATE

Eurogroup commends Lithuania’s budget implementation, finance minister says

Lithuania has been commended by the Eurogroup, the meeting of eurozone's finance ministers, for its efforts to cut budget deficit…

9 years ago
  • Economy

January tax revenues exceeded projections by 2%

This January, the national budget and municipal authorities collected 2% (€12.1 million) more tax revenue than planned and 7.1% (€41…

9 years ago
  • Economy

Tackling tax evasion sees Lithuanian government tax revenues rise 7%

Increased efforts to tackle tax evasion and the black market led to a significant increase in tax revenues for the…

9 years ago
  • Economy

Government budget plans for 2016 divide experts

The Lithuanian parliament, with the blessing of President Dalia Grybauskaitė, approved a generous government budget for the year 2016 but…

9 years ago
  • Economy

President signs Lithuania’s 2016 budget into law

President Dalia Grybauskaitė signed the 2016 government budget on Monday. [...]

9 years ago
  • Politics

President Grybauskaitė to sign 2016 budget, though reluctantly

Lithuanian President Dalia Grybauskaitė says that she is going to sign the 2016 budget, endorsed by parliament last week, into…

9 years ago
  • Politics

Opposition leader: next year’s budget will ruin Lithuania’s reputation

There are good things in next year's budget, like the increase of national defence budget, but Lithuania will also begin…

9 years ago
  • Defence

Defence minister pleased with substantial military spending rise

Defence Minister Juozas Olekas has welcomed the 2016 budget passed by parliament on Thursday which raises defence spending by one…

9 years ago
  • Economy

Opposition leader criticises ‘trite attitude’ towards Lithuania’s budget

After the second reading of the draft state budget, leader of the Seimas opposition Andrius Kubilius criticised the governing parties…

9 years ago
  • Economy

Lithuanian parliament backs revised budget

After the second reading, the Lithuanian Seimas (parliament) backed next year's draft state budget which was revised by the Government.…

9 years ago
  • European Union

Eurogroup agrees Lithuanian draft budget not as risky as EC believes

The Eurogroup, which has discussed the European Commission's (EC) recent assessments of 2016 Draft Budgetary Plans (DPBs) of the Eurozone…

9 years ago
  • Economy

Seimas speaker not worried about budget warnings from EC

Lithuania's draft budget for 2016 allows for conservative optimism, says Loreta Graužinienė, speaker of the Seimas. According to the parliament's…

9 years ago