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Lithuanian government submits draft 2013 budget to parliament

Seimo posėdis
Juliaus Kalinsko / 15min nuotr. / Seimo posėdis
Šaltinis: BNS
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The Lithuanian government endorsed a revised draft budget for 2013 on Friday and will now submit it to parliament for approval.

The Seimas is to discuss the document on Tuesday.

The central government's budget revenues for 2013 are projected at 18.2 billion litas (EUR 5.3b), not including EU funds and other financial aid, and at 25.7 billion litas including EU assistance, 400,000 litas lower than in the previous draft.

The revised draft budget for next year is planned with a deficit of 740 million litas, or 0.6 percent of the gross domestic product.

The public finance deficit in 2013 is projected at around 2.5 percent of GDP. This year's budget aims to keep the deficit under 3 percent of GDP.

BNS
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