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
© 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“.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Lithuania's budget gets EUR 4 mln of "nobody's money" after FNTT probes

4 million euros, officially recognized as having no owner, have been transferred to the state budget...

Lithuanian govt hopes papal visit will encourage religious tourism

Lithuania's government hopes the upcoming papal visit will encourage religious tourism in the country...

Lithuania ahead of Latvia, Poland, but behind Estonia on social progress index

The social environment in Lithuania is better than in Latvia and Poland, but worse than in Estonia,...

PM to invite European retailers to invest in Lithuania

Lithuanian Prime Minister Saulius Skvernelis says he plans to invite 12 European major retail chains...

Akmenė awaiting ground-shaking investment

Lithuania's northern district of Akmenė barely lags behind other cities in Šiauliai County in terms...