Ministry of Finance lowers GDP growth forecast, raises inflation forecast
The Ministry of Finance is worsening this year’s economic forecast and believes that the gross domestic product (GDP) will grow by 2.9 percent in 2026.
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EIB president and Lithuanian ministers evaluated the progress of the Rūdninkai military town construction
Nadia Calvino, President of the European Investment Bank (EIB), and members of the EIB Group Management Committee, who visited the billion-euro Rudninkai military town under construction on Friday, with…
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…
Government – against Gintarė Skaistė’s proposal to exempt child birth benefits from taxation
The government decided on Wednesday not to support the proposal to exempt from personal income tax the benefits paid by the employer to the employee upon the birth or adoption of a child. Such its decision…
Request to extend the profit tax relief for investments, change the taxation of the investment account
Vilnius, September 2 (BNS). In order to increase the country’s competitiveness, especially in the defense industry and biotechnology sectors, the Ministry of Finance will propose by mid-next year…
Defense bonds issued for another 102 million euros
People, businesses, and other organizations purchased defense bonds worth nearly 102 million euros from August 18 to 31, with 2064 transactions made, the Finance…
Taurimas Valys: If ESO runs out of funds for storm damage, they may be allocated from the budget
After the Minister of Finance announced that the damage caused by the storms that ravaged the country will cost the company “Energijos skirstymo operatorius” (ESO) about 17 million euros, Minister Taurimas Valys says,…
It is proposed to allow the Property Bank to assist ministries in implementing important infrastructure projects
The Ministry of Finance proposes allowing the state-owned Property Bank to assist ministries in implementing complex military and civil infrastructure projects – this would enable faster…
Fuel price reduction plan: Sysas admits – little room for maneuver
Government leader Mindaugas Sinkevičius mentioned last week that the government has “a certain plan” to reduce fuel prices, but it seems that such a plan currently…
State and municipal budget revenues grew by 9.2% this year to 12.75 billion euros
In January–July of this year, state and municipal budgets (excluding EU and other financial support) received 12.75 billion euros in revenue – 9.2% more than in the same period…