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Tuesday, 21.10.2014, 06:41
Minister of Finance Rimantas Sadzius in Lithuania favourably assesses nine-month tax collection trends and says that the annual state revenue plan will most likely be fulfilled in 2014, informs LETA/ELTA.
Keyword tags: Budget, Financial Services, Lithuania, Taxation
The budget priorities for 2015 in Latvia should focus on defense, healthcare, and social inequality, Finance Minister Andris Vilks (Unity) told the press representatives yesterday, writes LETA.
The budget deficit in 2015 is projected at 1% of gross domestic product (GDP), while national debt at 34.6% of GDP in Latvia, informs LETA.
Solutions were found to improve the socioeconomic situation and security in the country during the current government's term of office, according to Latvian Prime Minister Laimdota Straujuma's (Unity) report on the government's performance and future plans presented to the government today, informs LETA.
In the first three quarters of 2014 budget revenue of the State Social Insurance Fund (SoDra) increased by approximately LTL 500 million (EUR 145 million) year-on-year, based on preliminary data, cites LETA/ELTA.
Lithuania's possibilities of increasing the number of troops will depend on the national defence funding, said President Dalia Grybauskaite. She did not rule out a possibility of returning to mandatory military service in the future, should the need arise, informs LETA/ELTA.
Based on preliminary assessment by the Ministry of Finance, revenue collections in the first nine months of 2014 surpassed expectations by 0.8% in Lithuania, reports LETA/ELTA.