National Audit Office

Tax collection breakthrough gives finance minister optimism for 2016 deficit budget

Finance Minister Rimantas Šadžius says that 2015 was a breakthrough in tax collection for Lithuania and that extra revenue is projected for 2016.

President Grybauskaitė to sign 2016 budget, though reluctantly (1)

Lithuanian President Dalia Grybauskaitė says that she is going to sign the 2016 budget, endorsed by parliament last week, into law, although it has been...

Opposition leader criticises 'trite attitude' towards Lithuania's budget

After the second reading of the draft state budget, leader of the Seimas opposition Andrius Kubilius criticised the governing parties for their "trite...

Lithuanian PM rejects criticism of 2016 government budget

The National Audit Office of Lithuania has issued a warning that the draft state budget for 2016 is on the verge of breaching fiscal rules and that...

Lithuania's 2016 public spending on brink of violating fiscal rules

The National Audit Office criticised Lithuania's national budget for 2016, saying it was based on excessively optimistic tax collection expectations....