aA
Lithuania's 2018 state budget will be a surplus, and its spending will grow from this year, says Finance Minister Vilius Šapoka, however, refusing to specify any budget-related figures.
Happy to hear that
Happy to hear that
© FIBA

In his words, the next year's budget will be officially presented on Wednesday.

"We presented the budget draft to all ministers and the prime minister, we discussed all areas in detail, and we think that the draft is rather optimum. We will discuss the final version after a discussion on Wednesday and will then present all the main figures and how they fit the government's priorities," Šapoka told journalists.

In his words, both growing economy and diminishing shadow will contribute more money to the state coffers next year.

Šapoka said the budget redistribution in proportion to the gross domestic product (GDP) would also grow in 2018.

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

Lithuania's Devold says could make 100,000 medical coveralls by late summer

Norwegian-owned Lithuanian textile manufacturer Devold says it could producer around 100,000...

Tax revenue 15 percent short of target in March

The Lithuanian central government's tax revenue fell around 15 percent short of the target in March,...

Avia Solutions Group bought Bluebird Nordic

On the 24th of January 2020, Avia Solutions Group signed an agreement with BB Holding EHF for the...

GetJet Airlines set to lay off 370 employees

Lithuania's wet-lease and charter services provider GetJet Airlines has given lay-off notices to 370...

Avalanche of ideas developed in 'Hack the Crisis' hackathon

One of the most important tasks for hackathon organizers was to identify the most pressing issues,...

Top news

President signs into law tougher penalties for breaking quarantine rules

Lithuanian President Gitanas Nauseda has signed into law a legislative package introducing tougher...

811 coronavirus cases in Lithuania

On Sunday morning, there were 811 COVID-19 cases in Lithuania. 10 deaths related to the novel...

Lithuania's Devold says could make 100,000 medical coveralls by late summer

Norwegian-owned Lithuanian textile manufacturer Devold says it could producer around 100,000...

10th coronavirus death reported

Another patient infected with COVID-19 died in Lithuania on Saturday, bringing the country's death...

Lithuania no longer allows cars from Russia, Belarus to enter

A ban for passenger cars to enter Lithuania from Belarus and Russia have come into force on...

|Maža didelių žinių kaina