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MPs intend to pass the 2021 state budget on Tuesday. Estimate the deficit of public administrations, the difference between expenses and income, at 7%. gross domestic product.
The draft budget was prepared by the outgoing government of Saulius Skvernelis, but it was still adjusted by the Cabinet of Ministers of Ingrida Šimonytė.
Next year, an average of 9 percent. Old-age pensions will be increased, ten euros – up to 70 euros – of money per child, the minimum wage will be increased from 607 to 642 euros (before taxes).
The new government has increased its budget to manage the coronavirus pandemic. Additional funds are provided for disability benefits, allowances, and soft loans.
The state budget revenue in 2021, including the European Union and other international financial aid, will be 11,252 million. and costs will exceed revenues by 4,573 million euros. euros.
The budget is based on GDP growth of 2.8% next year and wage growth will slow to 4.1%.
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