Budget, Financial Services, GDP, Lithuania
International Internet Magazine. Baltic States news & analytics
Wednesday, 24.04.2024, 11:16
Lithuania's central government surplus in August at EUR 23 mln
Print version |
|---|
Eight month central government revenue totalled LTL 22.56 billion (EUR 6.53 billion), while expenditure – LTL 22.92 billion (EUR 6.63 billion). Non-financial asset transactions in January-August stood at LTL 842 million (EUR 244 million).
For the first eight months, 49.3% of the central government revenue came from taxes, 40.5% from social contributions. During this period, social payments and grants accounted for the biggest portion of expenditure, 51.1 and 16.3% respectively.
In August, the central government surplus stood at LTL 78 million (EUR 23 million), i.e. at 0.06% of the projected GDP for 2014. The central government revenue in August was LTL 2.69 billion (EUR 780 million), expenditure – LTL 2.51 billion (EUR 726 million), whereas non-financial asset transactions amounted to LTL 108 million (EUR 31 million).
In August, primary government sector revenue came from taxes (46.4%) and social contributions (42.2%). The biggest part of expenditure was for social payments (58.2%).
«The Baltic Course» Is Sold and Stays in Business!
