Taurimas Valys explains the deficit by the high demand for defense funding, social needs, and the aim to address demographic issues. #Biudžetas #Deficitas #Skola (translated)
Former Minister of Finance, conservative Gintarė Skaistė, says that the Government does not present a "convincing plan" on how the country will return to the 3 percent of GDP limit in the future, and conservatives also suggest setting debt "ceilings." #Biudžetas #Deficitas #Skola (translated)
The government approved the budget project for next year, which includes a 3.8% GDP deficit and increasing national debt, while the opposition and experts express concern about these indicators. #Biudžetas #Deficitas #Skola (translated)
Taurimas Valys explains the deficit by the high need for defense funding, social needs, and the aim to address demographic issues. #biudžetas #deficitas #skola (translated)
The former Minister of Finance, conservative Gintarė Skaistė, says that the Government does not present a "convincing plan" on how the country will return to the 3 percent limit of gross domestic product (GDP) in the future, and conservatives also propose to set "ceilings" for debt. #biudžetas #deficitas #skola (translated)
The government approved the budget project for the next year, which anticipates an increasing deficit exceeding the Maastricht criteria, and reduced funding for roads, leading politicians and experts to see risks. #biudžetas #deficitas #skola (translated)
Lithuanian President Gitanas Nausėda says that a larger budget deficit is necessary now. #GitanasNausėda #biudžetas #gynyba (translated)
Lithuanian President Gitanas Nausėda insists that a larger budget deficit is necessary for strengthening the country's defense. #GitanasNausėda #biudžetas #gynyba (translated)
The criteria for financial discipline are introduced (...) so that countries can maintain their financial stability, be positively assessed in international markets, and, of course, the increasing deficit raises concerns. After the government approved the draft state and municipal budget for next year, which will have a deficit of 3.8% of the gross domestic product (GDP), Andrius Kubilius, a member of the European Commission responsible for defense and space, says that this raises concerns. #valstybėsskola #biudžetas #ekonomika (translated)
The government presented the draft budget for next year, which faces a 3.8 percent deficit, sparking debates between the ruling party and the opposition, who are arguing about the budget's accountability and expenditure control. #biudžetas #deficitas #ekonomika (translated)
Economists say that the increasing budget deficit can create tension and complicate revenue collection. (translated)
The government approved next year's budget projects, which foresee higher expenditures for defense and salaries, but predicts that the deficit will exceed the Maastricht criteria, so the public sector debt is expected to reach 48.2% of GDP. #biudžetas #ekonomika #pensijos (translated)
The projected budget for next year includes a 3.8% GDP deficit. (translated)
The Maastricht criteria for eurozone countries set a government sector deficit limit of 3%, but Prime Minister Mindaugas Sinkevičius previously stated in an interview with BNS that the vast majority of expenditures exceeding revenues are related to the goal of ensuring funding for defense and increasing automatically indexed benefits. #biudžetas #finansai #deficitas (translated)
The draft budget for the next year foresees a government sector deficit of 3.8% of GDP, while state budget revenues are planned to reach nearly 22.2 billion euros. #biudžetas #finansai #deficitas (translated)
The draft state budget for next year plans for a 3.8% GDP deficit, increasing expenses and revenues, emphasizing investments in national security and the social sector, and also includes a significant amount of funds for salary increases. #biudžetas #gynyba #saugumas (translated)
The Minister of Finance, Taurimas Valys, does not reveal the exact size of the deficit yet, but emphasizes that other European Union (EU) countries are facing similar challenges. #Biudžetas #Vyriausybė #Deficitas (translated)
The issue of budget approval will determine the future of the entire Government. If it is not approved, it is likely that the work of the Government and the coalition will be disrupted," M. Sinkevičius told reporters. #Biudžetas #Vyriausybė #Deficitas (translated)
Prime Minister M. Sinkevičius emphasized that the adoption of the 2027 state budget will determine the future of the entire government, as the public sector deficit may exceed the 3% GDP limit, while Lithuania seeks to take advantage of EU fiscal rule exceptions due to increased defense spending. #Biudžetas #Vyriausybė #Deficitas (translated)
The Minister of Finance Taurimas Valys does not reveal the exact size of the deficit yet, but emphasizes that other EU countries are facing similar challenges. #deficitas #finansai #saugumas (translated)
