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Published: 30 october 2019 17:31

Social Democrat Labour’s wish to finance children’s money through Lietuvos Geležinkeliai dividends is far-fetched

Juozas Bernatonis, Rimantas Sinkevičius, Gedinimas Kirkilas, Ramūnas Karbauskis
Juliaus Kalinsko / 15min nuotr. / Juozas Bernatonis, Rimantas Sinkevičius, Gedinimas Kirkilas, Ramūnas Karbauskis

“Where did the Ministry of Finance put the funds intended for children’s money?” Social Democrat Labour questioned at the start of this week. The answer is – nowhere, the ministry simply could not find extra funds to increase the universal child grant to 70 euro. In order to follow the coalition agreement and raise children’s money as planned, Social Democrat Labour proposed to seek funds by increasing the dividends paid out by state owned companies such as Lietuvos Geležinkeliai [Lithuanian Railways]. However, there is hardly anything to increase – this year, Lietuvos Geležinkeliai paid out in dividends to the state 94% of the distributable revenue of 2018.

The assumption that Lietuvos Geležinkeliai pays less dividends to the state than it should was made during a press conference on Monday by Social Democrat Labour Seimas group prefect Rimantas Sinkevičius.

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