Lithuanian parliament adopts 2021 budget

  • 2020-12-22
  • BNS/TBT Staff
VILNIUS – The Seimas of Lithuania on Tuesday adopted the 2021 budget with 77 votes in favor, 2 votes against and 49 abstentions. The budget law provides for a general government deficit of 7 percent of gross domestic product (GDP), which will mostly result from additional expenditure on measures to contain the coronavirus pandemic. Prime Minister Ingrida Simonyte does not rule out that the government may next year have to submit a revised budget if it needs extra funds to cope with the crisis. The budget law in its current versi...
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