Nausėda signed the revised Seimas in 2021. State budget

“The budget adjustment is now necessary because we need to allocate more funds to strengthen border security with Belarus and national defense.

Therefore, I have decided to sign this revised budget. However, postponing the reduction of social injustice until the fall compromises the ruling coalition’s commitment to creating a state where everyone feels valued and important, ”said the president.

According to the president, it is positive that the deficit of public finances foreseen in the modified state budget is 6.9%. GDP is lower than in the preliminary draft amending budget presented in May and lower than at the end of last year.

The President welcomes the fact that the amended budget includes the first investments of the EU Fund for Recovery and Building Resilience agreed by the European Council: 149 million. euros, which will initiate Lithuania’s green and digital transformation towards a higher value-added economy.

However, the president criticizes the fact that in the revised budget for the management of the pandemic, the government reserve has more than doubled and amounts to 927 million. euros. “The threat of a pandemic has subsided, but it has not disappeared, so the fight against the virus will continue in the second half of this year. However, the planning of these funds in the Government Reserve, but not in ministerial allocations, does not conform to good budget management practice, since we have sufficient data on the epidemiological and economic situation of the country. Destining almost a billion. The government will have to pay the taxpayers for each one of them ”, emphasized the President.

According to the president, it is positive that the state budget provides additional funds for the payment of universal benefits for single persons and measures for the employment of the disabled.