Lithuania's 2018 budget to be surplus with higher spending

Happy to hear that
Foto: FIBA

Lithuania's 2018 state budget will be a surplus, and its spending will grow from this year, says Finance Minister Vilius Šapoka, however, refusing to specify any budget-related figures.

In his words, the next year's budget will be officially presented on Wednesday.

"We presented the budget draft to all ministers and the prime minister, we discussed all areas in detail, and we think that the draft is rather optimum. We will discuss the final version after a discussion on Wednesday and will then present all the main figures and how they fit the government's priorities," Šapoka told journalists.

In his words, both growing economy and diminishing shadow will contribute more money to the state coffers next year.

Šapoka said the budget redistribution in proportion to the gross domestic product (GDP) would also grow in 2018.

Source: BNS
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