National Budget Revenue of the 1st Half-Year Was in Line with the Target
Date
2008 07 30
Rating
Vilnius, July 30. 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.
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