Lithuanian Prime Minister Saulius Skvernelis says that the government will decide on a further tax reform by the end of March and will then put forward its proposals to the ruling coalition partners and the public.
Euros
© DELFI / Andrius Ufartas

"As to structural reforms, preparatory work is currently being finalized. The government will this month make final decisions and will then present them to the ruling political groups in the Seimas and will then put them up for a broad public discussion," he said on Žinių Radijas on Thursday morning.

According to the prime minister, these changes will be aimed at further improving the financial situation of the lowest income earners, while at the same time paying attention to the middle class.

"We must promote further economic growth. Therefore, tax changes will be focused on encouraging and developing businesses, rather than on increasing the tax burden," Skvernelis said.

"One of the problems is the labor and payroll tax burden. Our aim is to reduce it and consolidate the employer and employee taxes," he said.

The prime minister said that the government did not plant to discard "a certain level of progressiveness".

"As to pensions, decisions need to be taken, because (...) we see the number of employed people decreasing and our society aging. The birth situation is not encouraging either," he said.

Skvernelis added that the government had no plans to nationalize second-pillar pension funds.

BNS
Naujienų agentūros BNS informaciją skelbti, cituoti ar kitaip atgaminti visuomenės informavimo priemonėse bei interneto tinklalapiuose be raštiško UAB "BNS" sutikimo neleidžiama.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Court: intelligence info about Lithuanian ex-minister as untrue

A Vilnius court recognized on Friday that the State Security Department 's (VSD) allegations about...

Russian suspect in visa bribery case released on bail

Rinat Nasirov , a Russian citizen suspected of giving a bribe to have a Schengen visa issued by...

Lithuania calls on Estonia to coordinate actions following Moscow visit

Lithuanian Minister of Foreign Affairs Linas Linkevicius on Friday called on Estonia to coordinate...

Presidential candidates identify threats to Lithuania's national security

Social exclusion, emigration, a lack of confidence in one's country, corruption. These and other...

MPs want only children vaccinated against measles in kindergartens

A group of Lithuanian lawmakers, representing the opposition conservative Homeland Union –...