Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Lithuania Posts Central-Government Budget Surplus in January

Don't Miss Out —
Follow us on:

Feb. 28 (Bloomberg) -- Lithuania’s central-government budget had a surplus in January, the Finance Ministry said.

The surplus, calculated on a cash basis, was 0.07 percent of estimated gross domestic product in 2012, the Vilnius-based Finance Ministry said today in a statement on its website. The measure includes all public finances except municipal budgets.

Prime Minister Andrius Kubilius’ government aims to narrow the fiscal deficit to 3 percent of GDP this year from an estimated 5.3 percent in 2011.

Government debt fell to 35.6 percent of GDP at the end of January from 39.4 percent at the end of 2011, the ministry said in a separate statement.

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.