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Sources of family package funding – state and “Sodra” budget revenues
Minister of Social Security and Labour Inga Ruginienė says that the so-called family support package proposed by the Government will be financed from the state and “Sodra” budget revenues.
The president calls to “break through” the culture of using funds for defense
President Gitanas Nausėda on Wednesday urged to “break” the flawed culture of using funds allocated to the national defense system, where a larger portion of the annual defense budget is spent…
Hole in Ukraine’s budget: Zelensky promises to take unpopular decisions
Ukrainian President Volodymyr Zelensky on Tuesday stated his intention to make tough and unpopular decisions to plug the country’s huge budget deficit.
Taurimas Valys: after the 2027 budget is revealed – discussions on fuel excise duties
Finance Minister Taurimas Valys promises to consider in the last quarter of the year how much fuel excise duties should increase next year so that residents and businesses feel the planned…
Almost 2 trillion euros in the new EU budget: where Lithuania can win, and where it will have to accept less support
The European Union is preparing for a new seven-year financial period, with nearly 2 trillion euros on the negotiation table. However, the number of areas requiring funding is also increasing….
Presidency: tax increase is off the table, other budget-filling resources need to be used
The presidential advisor stated that additional revenue for the state budget should be sought not by increasing taxes, but by using other sources of funding.
Ruling leaders still have no answer regarding defense funding, but promise to remain in the “5 percent of GDP club”
Lithuania has planned to allocate 5.38% of its gross domestic product (GDP) to defense in this year’s budget. Read more Police are looking for the «Porsche» driver “Our defense and our defense funding will allow us to remain in the five percent club. What the number will be and whether there will be a decimal…
Germany-led “frugal” EU member states call to cut proposed budget expenditures
The so-called frugal European Union (EU) member states noted in a statement released on Thursday that in the European Commission’s budget proposal worth nearly 2 trillion euros…
President: we must strive for an agreement on the new EU budget by the end of this year
President Gitanas Nausėda says that an agreement on the future 2028–2034 European Union (EU) budget should be reached by the end of this year.