Finance Ministry

Lithuania will lose several hundred millions of EU funding if scraps tax reform

Brussels officials are hinting at a looming loss of “several hundred” millions of euros from the European Union funds for Lithuania if the Seimas...

Finance Minister: around 800,000 people would benefit from tax reform

Around 800 thousand Lithuanians would benefit from the Government ’s proposed changes to the personal income tax (GPM) and other taxes, leaving some...

Law enforcement agencies need a transparent funding model, presidency says

The presidency says law enforcement institutions need a transparent funding model to avoid any political influence on their activities.

Lithuania’s GDP will shrink 1% in 2023

Lithuania’s gross domestic product ( GDP ) is set to shrink by 1% this year, before growing by 2.5% the following year, the Ministry of Finance said on...

Finance minister appoints her adviser Sadeckas as deputy minister

Finance Minister Gintarė Skaistė has appointed her adviser Darius Sadeckas to the role of her deputy minister. He took office on Wednesday.

Finance ministry proposes three-year budget for more sustainable fiscal policy

Vilnius continues to top municipal life quality index

For national defence – temporary solidarity contribution by banks

Finance Ministry: additional billion for Lithuania’s business competitiveness and high added value

Lithuanian Banking Association appeals to EC over new tax

Economy minister sceptical about proposed real estate tax

Finance Ministry: economy remains resilient, inflation will slow down this year faster than projected

Finance Minister: personal income tax for self-employed to reach 20% by 2026

Business confederation predicts tax hikes

Nausėda says solidarity with state natural as Finance Ministry proposes windfall tax on banks

Government raises defence spending by EUR 97.5mn

Finance Ministry to table tax proposals, including income taxation, in spring

Finance Ministry: Lithuania’s economy to grow in 2023

Finance Minister: funds earmarked to reimburse electricity, gas costs really sufficient

Non-taxable income rate to reach EUR 625 as of January

President on wider borrowing limits for defence: incident in Poland only proves the need