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

IMF Mission Reaches Preliminary Agreement on ECF1 Arrangement for Guinea-Bissau

An International Monetary Fund mission led by Mr. Paulo Drummond visited Bissau during January 12-27, 2010, to discuss the government’s medium-term economic program that could be supported by the IMF under the Extended Credit Facility. more »

IMF and World Bank Announce Debt Relief to the Republic of Congo

The International Monetary Fund (IMF) and the World Bank's International Development Association (IDA) have agreed to support US$1.9 billion in debt relief for the Republic of Congo, which includes US$255.2 million of debt relief from the two institutions. more »

Monetary survey and balance sheet of other MFIS, December 2009

In 2009, net external assets of Monetary Financial Institutions remained negative but increased by LTL 9.3 billion. more »

R&D at the heart of Europe's plans for economic recovery

Spain's Minister for Science and Innovation, Cristina Garmendia, supports making R&D+i at the heart of Europe as a key to economic recovery. more »

Exit strategy for public finances

Lithuania and Malta granted reprieve on budget deficits; Hungary and Latvia on track to meet deadlines. more »

MEPs set out fisheries policy reform priorities

More responsibility for fishermen, rules favouring good fishing practice and adjusting fisheries management models to complement and improve the traditional quota system should be among the key aims of common fisheries policy reform, say MEPs in an own-initiative report approved by the Fisheries Committee on Wednesday. more »

IMF Executive Board Concludes 2009 Article IV Consultation with Yemen

On January 8, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Yemen. more »

IMF Executive Board Concludes 2009 Article IV Consultation with Norway

On January 22, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Norway. more »

CAP and climate change: agriculture can help slow global warming

Agriculture can help to slow climate change, but should be ready to adapt to the impact of global warming, said Agriculture Committee MEPs and scientists at a public hearing on Wednesday. more »

In Barcelona, the EU is examining how to incorporate the lessons of the crisis into how we combat unemployment over the next ten years

The Ministers for Employment of the European Union are holding an informal council on Thursday 28 and Friday 29 January which will lay the foundations for drawing up the common policies in the area of employment which the European Union will adopt over the next ten years as part of the “2020 Strategy”. more »