Budget, Financial Services, GDP, Lithuania
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Thursday, 25.04.2024, 21:45
Lithuania's central government deficit in July was EUR 8.9 mln
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The central government revenue in the first seven months of 2015 was EUR 6.05 billion, while expenditure at EUR 5.94 billion. Transactions in non-financial assets totalled EUR 254.1 million in January-July 2015.
Within this period, 49.9% of the central government revenue originated from taxes, while 40.6% – from social contributions. Meanwhile, social contributions and subsidies accounted for the biggest part of expenditure – 53.1 and 14.9% respectively.
According to the Ministry of Finance, the central government deficit in July was EUR 8.9 million or 0.02% of the projected GDP in 2015. In July the central government revenue totalled EUR 901.5 million, expenditure – EUR 861.5 million, while transactions in non-financial assets – EUR 48.9 million.
In July, the biggest part of the central government revenue originated from taxes and social contributions – 49.2 and 40.6% respectively, whereas social payouts accounted for the biggest part of expenditure – 52.0%.
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