Many countries' budget deficit will be bigger than Lithuania's – president

  • 2020-10-13
  • BNS/TBT Staff
VILNIUS – Lithuania will definitely have a budget deficit next year but many other countries will have bigger deficits, Lithuanian President Gitanas Nauseda says, adding that it will be determined by the economic situation. "The budget will definitely have a deficit and not the 13th pension will be to blame but just the economic situation. Many countries today have even bigger deficits. So since the economy is going down, we will not avoid a budget deficit," Nauseda told journalists during his visit to the western city of Taurage on Tuesday. ...
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