E.Kuniavichene, "moderate" conservative, has shared her opinion about the Lithuanian budget
Published:
14 July 2000 y., Friday
E.Kuniavichene, "moderate" conservative, has shared her attitude on the Lithuanian budget: tax collection was 26 % lower than it was in the similar period of 1998 in June. We of course go back to 1998 not by accident: vagnorists then were in zenith of authority. And the national economy, as they consider nowadays, was in zenith of prosperity; but soon the Russian crisis came and spoiled everything.
40 % increase in unemployment and 3 billions Lt of internal budget debt are all the result of the “new policy”. Taking into account this debt total liabilities of the state reach 36 % from GNP. The country is inclined to the level of 1995-96. If during four years of a cadence the left have saved up debt of 7 billion, the followers G.Vagnorius during one year have added 3,5 billion to it." Having such statistics it is possible to declare that the finance of the country is a zone of disaster and to give the name of Disastrous policy the New policy,” E.Kuniavichene thinks.
The present cabinet is continuing a rigid fiscal policy and "notorious liberalization" by that was started by R.Paksas and the refusal of which might be the reason of such a pitiable position. Thanks to G.Vagnorius’s "severe actions" and fines that are imposed and flying checks, during one and half year of his board the average salary has grown half as much again and 38 thousand new workplaces were created.
According to her, the strategy A.Kubilius has offered has nothing in common with economy. Economy is refusal of unnecessary charges. However, reduction of pensions and grants, of salaries to teachers and doctors is not economy, but reduction of financing, which, in its turn, leads to reduction of tax proceeds. Under such circumstances intention of the government to mitigate penalties for malicious tax evasion twice must be considered as full capitulation before smugglers with which G.Vagnorius struggled so vigorously, - E.Kuniavichene thinks.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
An International Monetary Fund (IMF) mission led by Mr. Hunter Monroe of the IMF’s Western Hemisphere Department visited Dominica during January 18-28 for the annual Article IV discussions on economic developments and macroeconomic policies.
more »
Experts in agriculture and government authorities coincided in requesting new management mechanisms and market regulation to protect the farming sector from the price crisis and enable generational changeover in rural areas at the European Congress of Young Farmers, organised by the ASAJA-Seville agricultural organisation.
more »
Immediate action is required to solve Europe's skills deficiencies and give Europeans a better chance of labour market success in the future, says an independent expert report published by the European Commission today.
more »
The European Investment Bank (EIB) is lending EUR 15.5 million to upgrade water supply and wastewater treatment in the City of Mykolayiv (southern Ukraine) and EUR 100 million to finance small and medium-sized investments in the areas of SMEs, energy efficiency and the environment in Ukraine.
more »
The European Commission can confirm that on 20 January 2010 Commission officials carried out targeted inspections at the premises of producers of Flexible Alternating Current Transmission Systems (FACTS).
more »
The European Commission has authorised today under the State aid rules a Lithuanian scheme worth LTL 10 million (approximately EUR 2.9 million) aimed at supporting farmers who encounter difficulties as a result of the current economic crisis.
more »
The effects of the global food, fuel and economic crisis would be felt by Africa’s people for some time yet and it was important to persist with efforts to protect the most vulnerable while laying the foundations for future productivity and growth, World Bank Group President Robert B. Zoellick said Tuesday.
more »
Mongolia’s herders have learnt a hard lesson this winter; a lesson that can perhaps be applied to managing Mongolia’s economy.
more »
DnB NORD Bankas, the leader of the country’s in investment products market, raises initial margin ratio for repurchase deals for most actively traded Lithuanian and Estionian shares.
more »
With over 23 million unemployed in the Europe Union and the jobless figure having risen in every member state since last year, how Europe is coping with the crisis and the effect on pension systems were discussed on Thursday 28 January.
more »