National Budget Revenue of the 1st Half-Year Was in Line with the Target

Published: 4 September 2008 y., Thursday

 

Pinigai

According to final data presented by the Ministry of Finance, national budget revenue of the 1st half-year of the current year amounted to LTL 11 billion 161.8 million, and that was by 1.1 % over the target.

The State budget revenue made up LTL 9 billion 286.7 million, and in fact, by LTL 69 million exceeded the target. The revenue of municipal budgets was LTL 1 billion 875.1 million, and that was by LTL 53.6 million over the target. 

Over the 1st half-year of the current year the greatest share of revenue was collected from the value added tax, i.e. LTL 4 billion 787.7 million – the target was achieved by 98.5 %. The national budget revenue from the personal income tax made up LTL 2 billion 362.1 million, and the target was achieved by 98.9%, while the revenue from the corporate income tax was LTL 803.6 million, i.e. the target was achieved by 105.2 %. Receipts from excise duties during this period made up LTL 1 billion 648.1 million, and that represented 98.7 % of the revenue planned (by 27 % more than it was received during the same period in 2007).

The Seimas approved the following indicators of the national budget for 2008: the revenue, EU assistance excluded, will amount to LTL 24 billion 294.5 million, and EU assistance included – LTL 29 billion 407.3 million.

 

Šaltinis: www.finmin.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Taking stock of the single market

Most EU countries continue to meet deadlines for incorporating single market rules into national law, contributing to economic growth and job creation. more »

Japan debuts new bullet train

Japanese officials unveil their new bullet train, capable of travelling at speeds of 320 km per hour (198 miles per hour). more »

The Security Technology Exhibition KIPS 2011 to be Held in Kiev

The first International Security Technology Exhibition, KIPS 2011, will be held on 23-26 February 2011 in Kiev (Ukraine). The motto of the exhibition is ‘There can never be too much security!’ more »

Dubai dining reaches new heights

The world's highest restaurant opens in Dubai, United Arab Emirates, located 400 metres above ground in Burj Khalifa, the world's tallest tower. more »

Clarifying rules to strengthen consumer rights

The rights of consumers will be clarified and updated, whether they shop at a local store or buy goods on line, under new EU rules as amended by the Internal Market Committee on Tuesday. more »

Fiji and Papua New Guinea: green light for economic agreement

MEPs on Wednesday gave their green light for the Council to conclude an Interim Economic Partnership Agreement with Papua New Guinea and Fiji, two countries of the Pacific Region with significant exports to the EU. more »

Setting the stage for economic recovery

Report sets 10 priorities for tackling the bloc's main economic challenges, launching the first ever ‘European semester'. more »

Capsule rooms appear in Shanghai

China's first capsule hotel ready to open its doors in Shanghai, aims to capture slice of booming leisure budget travel market. more »

A turning point for the European financial sector

Declaration by Michel Barnier on the start of three new authorities for supervision. more »

A successful start for the euro changeover in Estonia

On 1 January, Estonia adopted the euro as its official currency and the changeover is running smoothly and according to plan. more »