The Lithuanian Ministry of Finance reported that the Lithuanian Seimas approved the 2024 budget, which plans a defense spending of 2.75 percent of GDP and a budget deficit of 3 percent, of which 2.5 percent is for aid to Ukraine. report Web site The Ministry of Finance.
“The 2024 draft budget foresees revenues of approximately €17 billion (compared with the 2023 plan, revenues increased by 9.2% or €1.4 billion) and expenses – €20.6 billion (compared with the 2023 or 10.6% increase) . 2 billion Euros,” the message reads.
Additionally, next year public sector debt will be 3 percent of GDP, of which “2.5 percent will be deductions for temporary measures (aid to Ukraine)” and public debt will be 39.9 percent of GDP learned.
The Ministry announced that the Lithuanian government has increased defense spending every year since it came to power, and next year these expenditures will be twice as high, exceeding 2 billion euros and reaching 2.75% of GDP.
5 December, Lithuanian President Gitanas Nausėda statedThat his appointment to this position changed his life, including the emergence of permanent security.
Previously President of Lithuania in the name The Minister of Foreign Affairs calmed down due to the words “Russian danger”.