Income inequality

OECD about Lithuania: COVID-19 crisis reinforces the need for reforms to drive growth and reduce inequality

Effective containment measures, a well-functioning health system and swift public support to firms and households have helped Lithuania to weather the...

Nausėda names getting coronavirus under control as new cabinet's 1st task

Lithuanian President Gitanas Nauseda identified getting the coronavirus pandemic under control as the immediate challenge facing the new government as he...

Presidential aide: budget deficit expected to reach 5–6 pct of GDP next year

Lithuania’s budget deficit will reach 8–9 percent of GDP this year, but should decline steadily from 2021 towards the balance that should be achieved...

Nauseda: poverty level still very high (2)

Lithuania's poverty statistics for 2019 signal an encouraging trend, but the level of poverty in the country is still very high, President Gitanas Nauseda...

Income inequality might go down in 2020

Income inequality might go down slightly in Lithuania this year but no major changes are expected, economists have told BNS.