Seimas passes 2016 budget, giving 7.7 million more for border protection and raising minimum wage
Thursday, December 10, 2015
The Lithuanian Seimas (parliament) has adopted its state budget for 2016 and its expenditures exceed its revenues by 640 million Euros. The deficit budget was adopted in a vote of 76 for, 34 against, and 14 abstentions. The budget's revenue, together with the European Union's funds, is expected to amount to 8.046 billion Euros. Expenditures, on the other hand, are projected to reach 8.686 billion Euros.