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08/12/2015   Opinion on the Draft Budget for 2016 submitted to the Seimas

Today at the plenary sitting of the Seimas (Lithuanian Parliament) the Auditor General Arūnas Dulkys presented the National Audit Office Opinion on the Draft State Budget for 2016.

The National Audit Office draws attention to the three following issues – draft budget reflects excessive budget deficit, threfore it is proposed to reduce it from 1 to 0.5 per cent, the surplus general government sector rule is not onserved, and reduction of public debt is not ensured. More information on the NAOL opinion is available here.
    
The Plenary was also attended by Jonas Rasimas, Economic Analyst – Europe 2020 and Economic Governance Officer of the European Commission Representation in Lithuania, Vitas Vasiliauskas, Governor of Lithuania‘s Central Bank and Rimantas Šadžius, Minister of Finance of the Republic of Lithuania.

 

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Last updated on 25 February 2016

National Audit Office of Lithuania

Pamėnkalnio St 27, LT-01113 Vilnius, Phone: + 370 5 266 6793, + 370 5 266 6752, Email: nao@vkontrole.lt.