The Lithuanian government, having approved next year's budget, acknowledged that it has a billion-euro hole due to increasing expenses for defense and social benefits, and Finance Minister Taurimas Valys warned that in other countries the budget deficit will be even larger. #biudžetas #finansai #saugumas (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)
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)
Next year, salaries for education sector employees will increase the most, with an anticipated rise of 7.6%, allocating a total of about 245 million euros. #švietimas #atlyginimai #Vyriausybė (translated)
The budget we allocate for our defense exceeds 5 percent, and apparently, in 2027, it will be around 5 percent. While the government plans to allocate no less than 5 percent of the gross domestic product (GDP) for next year's defense funding, as it did last year, President Gitanas Nausėda says that such funding levels should remain in the future regardless of changes in government. #GynybosFinansavimas #BVP #GitanasNausėda (translated)
Clashes broke out in the Argentine capital, Buenos Aires, during student protests, resulting in injuries to police officers and the detention of demonstrators protesting against the government's austerity policies in the education sector. #ArgentinosProtestai #StudentųProtestai #TaupymoPolitika (translated)
I believe that the budget aligns with the logic that we have communicated many times: it is a security budget intended for our defense and public safety. Prime Minister Mindaugas Sinkevičius states that the government's approved draft of the 2027 state budget aims to balance the growing funding needs for defense and commitments to residents. #Gynyba #Biudžetas #VisuomenėsPoreikiai (translated)
After the government approved next year's budget proposal, experts and the opposition expressed concerns about the increasing budget deficit and debt, stating that this could complicate responses to future economic difficulties. #biudžetas #valdžia #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)
After the government approved the 2024 budget proposal, the opposition criticized the increasing spending and growing debt, claiming that it could reduce the ability to respond to future economic crises. #biudžetas #ekonomika #kritika (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)
"Only a general increase in the wage fund has been planned, but other needs remain unaddressed for now. And there is a certain concern that I would like to highlight and clarify whether we understand this part the same way, since there is a possibility that we have discussed multiple times with the Prime Minister and among ourselves." Minister of Energy Lukas Savickas expressed concern that the energy sector has not been included in "that circle of priorities" for which funding is being increased. #biudžetas #Vyriausybė #Lietuva (translated)
"The growth of consumption remains the main source of budget revenues," said Finance Minister Taurimas Valys at the meeting. #biudžetas #Vyriausybė #Lietuva (translated)
The government has approved the draft budget for 2027, which will be submitted to the Seimas, anticipating a 3.8 percent deficit and increased funding for defense, but also raising concerns about issues such as funding for the energy sector. #biudžetas #Vyriausybė #Lietuva (translated)
The government approved the state budget for 2027, which foresees an increase in pensions and wages next year. (translated)
There is only a general increase planned for the wage fund, but other needs remain unaddressed for now. Minister of Energy Lukas Savickas expressed concern that the energy sector has not been included in the "circle of priorities" for which funding is being increased. #biudžetas #Vyriausybė #ekonomika (translated)
"Consumption growth remains the main source of budget revenue," said Finance Minister Taurimas Valys at the meeting. #biudžetas #Vyriausybė #ekonomika (translated)
The government approved the draft budget for 2027, which foresees increased expenditures for defense and the public sector, but with a projected deficit exceeding the Maastricht criteria. #biudžetas #Vyriausybė #ekonomika (translated)
