Posts tagged as below target

Lithuania’s budget revenue falls 31 percent below target in April

Wednesday, May 6, 2020

The Lithuanian government’s revenue last month fell 31.1 percent below target, Finance Minister Vilius Šapoka says. To make up for the shortfalls and fund economic stimulus, the government has already borrowed 4.3 billion euros. According to preliminary data, the central government collected 221 million euros less than planned in April. Meanwhile in March, the budget revenue was 13.8 percent, or 95.6 million euros, short of the target. “In March, the…