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Published: 19 august 2019 15:21

V. Šapoka urges to tread carefully, state institutions request 1.4 billion euro extra

Vilius Šapoka
Juliaus Kalinsko / 15min nuotr. / Vilius Šapoka

With interim Minister of Finance Vilius Šapoka urging to prepare for an economic slowdown, consider extra budget income and the reduction in certain non-priority expenses, state institutions have requested roughly twenty percent higher financing next year, compared to this year. Some politicians in Seimas see no possibility to satisfy such appetites from funding controllers.

Preparing the next year’s state budget project, the Ministry of Finance has received financing requirement for 2020 figures from funding controllers.

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