Armonaitė after meeting with Šimonyte: today the situation is unmanageable



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On Saturday, after a meeting with Prime Minister Ingrid Šimonyte, she stated that no funds were planned for support in the current draft budget.

“It is very important to provide sufficient funds to help companies that have suffered quarantine and fighting. I can say that the economic and innovation budget has planned exactly zero for those measures next year. I mean, now with the Prime Minister we had to find that money (…) we will try to have more for those measures. But we will be able to communicate the exact amount when we see it in the budget, “A. Armonaitė told reporters on Saturday.

According to her, the key criterion for granting aid to companies will continue to be 30%. reduced turnover and more funds are also foreseen for loans.

“It just came to our attention then. But nothing was foreseen. We would like to provide more funds for loans and maybe we can implement further measures,” said A. Armonaitė.

The minister also emphasized that the situation regarding the spread of the coronavirus is “very, very difficult,” and the government will inevitably have to impose stricter restrictions. It is scheduled to take place on Sunday, at the first meeting of the 18th Government.

“It just came to our knowledge then. I think that business interest is healthy people and business interest is the opportunity to open as soon as possible next year: open the country, bars, galleries everything. That is, so that we can do it faster next year, we need to reduce the number of deaths today. Because today the situation is unmanageable, we have to start managing it again, “said A. Armonaitė.

The outgoing government has established subsidies for companies affected by quarantine restrictions of up to 25 percent. It paid the personal income tax (PIT) last year and would allocate about 150 million. euros.

Small and medium-sized companies, whose turnover in March-October, compared to the same period last year, decreased by more than 30%, will be eligible for state support. The decrease in turnover would be proven by the VAT return submitted to the State Tax Inspection (STI), and if the company is not a VAT payer, the data declared in the application.



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