The government is currently drafting next year's state budget and will present it to President Gitanas Nauseda and the parliamentary opposition once it is ready, according to Simonyte.
"No doubt, the government will limit that price hike, as it has done since July 1," she told LRT Radio. "Next year's budget is now being drafted and, depending on different assumptions, between 0.5 billion and 1 billion euros might be required for that purpose."
The government sees keeping energy prices under control as a top priority for next year's budget, according to the prime minister.
"As we observe the situation, we see that the main task for the state and the problem that needs to be solved at the moment is the containment of the surge in energy prices in the coming year, and the government is currently working on proposals for that, and this will be the key priority in next year's budget," she said.
The government earlier this year allocated 570 million euros in budget funds to subsidize part of electricity and natural gas bills for households and businesses in the second half of 2022.
Of the funds, around 370 million euros went to cover the debt of Ignitis, the public supplier, and about 200 million euros were allocated to natural gas and electricity suppliers, including 165 million euros to electricity suppliers alone.