The Ministry of Finance of Lithuania is drafting the state budget for 2025, with national defence and growing income being among top priorities.
Ministry of Finance
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The Ministry of Finance has updated Lithuania’s economic projections and expects gross domestic product (GDP) to grow by 2.3% in 2024, rather than by 2.1% projected earlier in June.
Minister of Finance Gintarė Skaistė signed the draft resolution for allocation of additional funds to acquire necessary weapon systems still this year, reports the Ministry of Finance.
Lithuania is a priority market for Poland’s commercial banks, claims Lithuania’s Minister of Finance Gintarė Skaistė as the Government continues its efforts to attract a new foreign bank to set up shop in the country.
Lithuania on Friday sent in its official application to host the Anti-Money Laundering Agency (AMLA) to the European Commission, the Finance Ministry reports.
At the international forum of financial technology Fintech Taipei 2023, Deputy Minister of Finance of Lithuania Vaida Markevičienė, who is visiting Taipei with a business mission, invited Taiwanese investors and financial sector entities to set up in Lithuania and develop their activities here, repo...
Over 2 thousand people rallied on Thursday in a square close to the Seimas in protest against the proposal to tax real estate amid its readings in parliament.
Deputy Minister of Finance of Lithuania Vaida Markevičienė, who is visiting Taipei with a business mission, met with representatives of the banking, financial and insurance sectors of Taiwan and invited them to use Lithuania’s experience and expert assistance in digitising the financial sector and i...
Minister of Finance Gintarė Skaistė presented the 2024 draft budget at a sitting of the Government on Thursday.
In order to integrate the latest technologies in the management, administration and modernisation of state assets, Turto bankas has signed a cooperation agreement with the PropTech Lithuania. As part of this agreement, start-ups will be given access to data and will be able to propose solutions for ...
The minister of education, science and sport says no consensus has been reached with trade unions that would help prevent a planned strike of teachers.
The Ministry of Finance has registered legal amendments that would expand the list of vehicles requiring compulsory insurance against civil liability. If parliament passes the bill, powerful e-scooters would have to be insured against civil liability.
The Ministry of Finance said on Monday that Lithuania is to set up a Green Finance Institute for the smooth transition to a green economy, efficient use of renewable energy resources and to become a regional leader in the field of green finance.
The revenue and expenditure of Lithuania's 2020 state budget, including EU and other international support, should grow, and the planned budget deficit will be slightly lower than planned this year.
Moody's Investors Service has upgraded Lithuania's long-term credit rating's outlook from stable to positive. And S&P Global Ratings once again affirms it’s A rating with a stable outlook.
Fitch Ratings has affirmed Lithuania's long-term foreign-currency issuer default rating (IDR) at "A-" with a positive outlook after positively assessing Lithuania's public finance and economic situation.
On Wednesday, Minister of Finance Vilius Šapoka attending the annual meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) in Sarajevo (Bosnia and Herzegovina) has been elected as Vice-Chairman of the Board of Governors out of the representatives of more th...
In an effort to bolster financial stability, the Lithuanian Ministry of Finance intends to submit a deficit-free 2017 budget to the government, says Finance Minister Rasa Budbergytė. To read this article, try a €5.99 monthly subscription by clicking here.
After Standard & Poor's said that Lithuania would be the most affected by Brexit among all Eastern European nations, Lithuania's Ministry of Finance said that the international rating agency drew misleading conclusions. To read this article, try a €5.99 monthly subscription by clicking here.
