VilNews

THE VOICE OF INTERNATIONAL LITHUANIA

1 May 2017
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This year 70% of all state funds will go to social security and education

The total spending in 2011 will stand at more than 36 billion litas, and earnings – at 31 billion litas. The task of the public finance deficit in 2011 is 5.8% of the gross domestic product (GDP), informs LETA/ELTA.

In 2011, the national budget revenue (including state and municipal budgets) will total 19 billion 907.8 million litas, and costs – 22 billion 468 million litas. Next year, the expenditures of the SoDra budget will stand at 13 billion 576 million litas (out of which 2 billion 407 million litas will be transferred to the Compulsory Health Insurance Fund), and revenues – at 10 billion 943 million litas.

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