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Kubilius: there are no painless lines in reduction of expenditures in Lithuania
Danuta Pavilenene, BC, Vilnius, 02.07.2009.
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Print versionPrime Minister of Lithuania Andrius Kubilius claims that there are no painless ways to reduce expenditures left, so now the only possibility is to consider complicate and socially delicate matters.
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| Andrius Kubilius. |
"One cannot discover miraculous ways to reduce the gap between revenues and expenditures. This can be achieved by either increasing some taxes or reducing expenditures. Unfortunately there are no easy or painless lines in the reduction of expenditures, that is why we are submitting an entire series of proposals starting with the increase of the value added tax, increase of SoDra payments, to reduction of public sector salaries, pensions and social benefits, extension of the retirement age, managing of self-government finances, in order for deficits to disappear there," Kubilius told Ziniu Radijas.
On Wednesday, he proposed trade unions to launch discussion on the national agreement "For Secure Future of Lithuania", informs ELTA/LETA.
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