Finance Ministry

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

The Ministry of Finance says it has prepared amendments to the Law on the Budget Structure which propose to establish a three-year budget.

Vilnius continues to top municipal life quality index

The Municipal Life Quality Index (LQI) compiled by the Finance Ministry shows Vilnius in its stable first place, with all top five municipalities unchanged,...

For national defence – temporary solidarity contribution by banks

The Government has approved the draft Law on Temporary Solidarity Contribution prepared by the Ministry of Finance and the Bank of Lithuania aimed to channel...

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

The Government meeting has approved the proposal of the Ministry of Finance to complement the draft plan New Generation Lithuania with investments of up to...

Lithuanian Banking Association appeals to EC over new tax

The Lithuanian Banking Association (LBA) has complained to the European Commission over a new tax that is proposed to be imposed on financial institutions in...

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