“The planned budget deficit is already within the limits of the Maastricht criterion and this is a big difference from previous budgets, when the requirements of the Maastricht criterion were disabled in the European Union and the state basically had the opportunity to plan such a deficit as it deems necessary under the current circumstances I.Šimonytė told News Radio on Thursday.
“Now we have a formal cap, which kicks in again from 2024, so I’m afraid there will simply not be any such opportunities in next year’s budget,” she added.
However, I.Šimonytė emphasized that according to the parties’ agreement, 2.52 percent should be allocated to defense. GDP and another approximately 0.72 percent. GDP in support of the host country’s military infrastructure, which must also be built in the coming years.
“In Lithuania, there is an endless amount of work that is being done to strengthen the defense, and a lot of funds are allocated for it,” said the Prime Minister.
Presidential adviser Irena Segalovičienė told BNS on Monday that President Gitanas Nausėda will propose leaving the possibility of borrowing up to 3% for defense in 2024. GDP.
“If in the budget of 2023 we had established the right to borrow up to 3% for defense. GDP, we did not foresee this in 2024. With such a provision, even in theory, we will not have the opportunity to take some subsequent step regarding the establishment of a national division,” she said.
According to next year’s draft state budget, funding for national defense next year should reach about 2.06 billion. euros or 2.71 percent. gross domestic product.
Most of these funds – about 1.93 billion euros or 2.52 percent. GDP – will consist of budget allocations.
The rest of the financing will come from the banks’ solidarity contribution – this money can only be used for infrastructure.
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2024-09-29 09:33:09
