aA
As political parties in Lithuania pay more attention to the idea of a welfare state, one can expect a more socially-focused budget next year, Lithuanian President Gitanas Nauseda says.
Gitanas Nausėda
Gitanas Nausėda
© DELFI / Šarūnas Mažeika

The president believes politicians in the Seimas will have to take on responsibility towards the society, if they reject his proposals on ways to collect funds to reduce poverty among pensioners and the disabled.

"I hope the budget to be socially-focused not pro forma but de facto," Nauseda said in an exclusive interview with BNS Lithuania.

In his opinion, the welfare state topic heard more and more in the rhetoric of the social democrats, the Homeland Union – Lithuanian Christian Democrats and the Lithuanian Farmers and Greens Union raises hopes for a breakthrough.

"I hear the welfare state rhetoric from both the HU-LCD and the social democrats, probably not very much from the liberals yet. But certain statements by the LFGU allow me to believe that a breakthrough is definitely possible in one or another area," Nauseda said.

He said these ideas will bring even more people together ahead of the Seimas election next year but he said he has not plans to establish a "presidential party".

The Lithuanian president has recently proposed spending additional 100 million euros on social security by slowing cuts of work-related taxes, halving the existing diesel fuel tax exemption for farmers and taxing non-work-related revenue more.

Nauseda said he was not surprised by the fact that his proposal to raise taxes drew criticism from his opponents. He underlined, however, that he proposed revenue sources to ensure a fair discussion.

In his words, if the LFGU rejects the idea of reducing the diesel fuel tax exemption for farmers, the public will be able to clearly see who's to blame for insufficient funding of certain areas.

"If it happens so, we will show the public that we had a proposal and there was an attempt to fund these and these things at this financial expense, and the decision not to back our proposal to cut the diesel fuel tax exemption is to blame for the fact that these things are not funded," Nauseda said.

According to the president, the increase of the non-taxable income should be slowed taking into account risks to the country's economy. In his opinion, the proposed review of the capital gain taxation is not significant enough to lead to capital flight.

And Nauseda responded with a pinch of irony to criticism from his former colleagues, bank economists: "If my former colleagues get the impression that it will harm the financial stability or capabilities of some of the bank clients, it's their opinion."

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

Lithuanian airports to add more flight destinations in December

Lithuania's airports are scheduled to add more flight destinations to their schedules in September,...

OECD about Lithuania: COVID-19 crisis reinforces the need for reforms to drive growth and reduce inequality

Effective containment measures, a well-functioning health system and swift public support to firms and...

Restrictions may be imposed on shopping centers if they fail to limit shopper flows

The Lithuanian government may impose restrictions on shopping centers if they fail to regulate...

Paysera continues to expand in the Balkans: launched in Albania, eyeing Serbia

The Lithuanian-founded electronic payment network, Paysera , which provides a current account, money...

The Klaipėda FEZ community remains active during the COVID-19 pandemic

Over the past few years, the Klaipėda Free Economic Zone (FEZ) has become not only a large industrial...

Top news

Coronavirus found at mink farm in Jonava District

The coronavirus has been found at a mink farm in Lithuania's central district of Jonava, the...

Lithuania extends lockdown until December 17 (1)

Lithuania's outgoing government on Wednesday extended the nationwide lockdown , in place since...

Lithuanian airports to add more flight destinations in December

Lithuania's airports are scheduled to add more flight destinations to their schedules in September,...

2104 new coronavirus cases

On Wednesday, 2104 new COVID-19 cases were detected in Lithuania . In total, Lithuania has already...

Lithuanian football legends shocked by Maradona's death

Lithuanian football legends said on Wednesday evening they were shocked by the passing of...

|Maža didelių žinių kaina