Budget, Financial Services, Lithuania

International Internet Magazine. Baltic States news & analytics Thursday, 04.06.2020, 17:18

Lithuania's budget revenue EUR 24.2 mln above target in 4 months

BC, Vilnius, 17.05.2018.Print version
Lithuania's central government and local authorities collected a total of 2.675 billion euros in budget revenue between January and April, some 24.2 million euros, or 0.9%, above the projected level, reports LETA/BNS.

The central government's budget revenue for the four months came in at 2.069 billion euros, 15.2 million euros, or 0.7%, above the target for the period, the Finance Ministry said on Thursday. 

The value-added tax brought 1.209 billion euros into the state's coffers, some 0.1% less than planned. Excise tax revenue totaled 436.1 million euros, 0.4% below the estimate. Revenue from the corporate income tax, at 117.2 million euros, fell 4.3% short of the target.

The personal income tax generated a total of 565.8 million euros in central government and municipal budget revenue, 1.4% less than projected.

This year's central government budget projects 6.767 billion euros in annual revenue not including EU funds and 9.071 billion euros including EU funds.

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