aA
Rimantas Šadžius
Rimantas Šadžius
© DELFI / Mindaugas Ažušilis

Next year, the government intends to continue its current policy of reducing administrative costs by preparing a budget for 2017 that will be 5% lower than this year's.

Similar several-percent reductions in administrative costs have bee implemented over the past several years as well.

“The money freed up would be used on various national strategic projects and for other priority budgetary applications,” said Minister of Finance Rimantas Šadžius. On Monday, the government considered the Ministry of Finance's proposals for consolidating municipal income and expenditures for 2017-2019.

The meeting on Monday also approved a program on the dividends the state should expect to receive from state-run companies between 2016 and 2018. Initial calculations indicate that no less than €50 million in income will be transferred from those companies to the state budget.

Verslo Žinios

|Populiariausi straipsniai ir video

Veryga: extending lockdown will be proposed once again

Lithuania’s Health Minister Aurelijus Veryga will propose extending the lockdown once again.

12 new coronavirus cases in Lithuania

On Sunday, 12 new COVID-19 cases were detected on Lithuania. Since the outbreak of the pandemic, 1635...

R. van Voren. Getting ready for the next

It might seem premature to start a discussion about future pandemics , but in fact it is already...

7 new coronavirus cases

On Saturday, 7 new coronavirus cases were detected in Lithuania. Overall, Lithuania has 1623...

Preventive coronavirus testing strategy to be unveiled next week (3)

A strategy on how members of the public will be preventively tested for the coronavirus is now being...

Top news

Veryga: extending lockdown will be proposed once again

Lithuania’s Health Minister Aurelijus Veryga will propose extending the lockdown once again.

One more flight to be resumed from Vilnius

Latvian airline airBaltic is resuming its Vilnius- Tallinn flights on Monday after the Lithuanian...

12 new coronavirus cases in Lithuania

On Sunday, 12 new COVID-19 cases were detected on Lithuania. Since the outbreak of the pandemic, 1635...

Pandemic emptied cinemas: will they survive?

In an attempt to evaluate the long-term effects of Covid-19 on cinema operators, the law firm...

Head of opera theater estimates quarantine losses

Lithuania's National Opera and Ballet Theater has probably lost one million euros because of the...

|Maža didelių žinių kaina