Prime Minister: Pensions Will Increase by an Average of EUR 78 Next Year, and EUR 150 Million for Families
5 Articles
5 Articles
The Lithuanian authorities plan to maintain defence spending in 2027 at more than 5 per cent of GDP, stated the Prime Minister of Mindaugas Sinkjavicyus. "The priority for us is to maintain defence spending at more than 5 per cent of GDP," said Sinkjavicyus, transferred TASS. The Lithuanian Government's head indicated that this figure would be set in the State budget for the following year, but the exact figure after the semi-conclusion is still…
On Thursday, Prime Minister Mindaugas Sinkevičius presented the priority areas of the 2027 state budget. It is planned to allocate 5 percent of the gross domestic product (GDP) for defense, 150 million euros for the family package, and 980 million euros for support for the most socially vulnerable.
Lithuania intends to allocate 4.8 billion euros, or just over 5 percent of its gross domestic product (GDP), to defense next year, Prime Minister Mindaugas Sinkevičius announced on Thursday.
In next year's budget, the government plans to allocate 5 percent of the gross domestic product (GDP) for defense financing - a total of 4.8 billion euros - and to finance part of the Family Package measures aimed at demographic challenges - 150 million euros are planned for this.
Prime Minister Mindaugas Sinkevičius announces that the priorities of the 2027 budget are defense, increasing public sector wages and some social spending, as well as the start of the implementation of the family package. All of this will cost the budget several hundred million euros in addition. At the same time, attempts will be made to improve tax collection in the revenue section and slightly reduce spending in other, non-priority budget lin…
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