The Vilnius administration has been the most efficient across Lithuania for the third consecutive year, shows the 2017 Municipal Performance Index published by the Lithuanian Free Market Institute (LLRI).
At the Vilnius council meeting
© DELFI / Kiril Čachovskij

"Vilnius is the country's attracting pole of investment, with two thirds of foreign investment concentrated here. This is the cause behind the biggest salaries and the lowest unemployment rate. The capital city is one of the biggest cities where more people came to live and work than left. As a matter of fact, other bigger cities are also catching up," Aistė Čepukaitė, the head of the index, told a news conference on Wednesday.

In her words, Klaipėda ranks second with a more successful financial management, cost-effective management and the smallest debt among the largest cities. Kaunas is third with increasing investment, good financial and real estate management by the local government, followed by Šiauliai, Panevežys and Alytus.

Compiled for the seventh consecutive year, the index rated municipalities of six cities and 54 districts.

LLRI is a private organization mainly funded from large-capital companies.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Watchdog: Google won't ban use of its servers to access file-sharing site

Mantas Martisius, the chairman of the Lithuanian Radio and Television Commission ( LRTK ), says the...

IMF: Lithuania is better prepared for challenges

Lithuania's economy is stable and the country is better than ever prepared for challenges, the head...

Government set to approve guarantees for outgoing president

The Lithuanian prepares to approve guarantees for outgoing President Dalia Grybauskaite .

Lithuanian laser professionals at world's largest laser photonics exhibition

On June 24-27 Lithuanian laser manufacturers will present their latest technologies in the most...

Opinion. Public procurement: which law amendments are significant and which are merely formal?

Every time, amendments of public procurement legislation attract a lot of attention, however, it...