ANALYSIS OF BUDGET DEFICIT AND ITS PROBLEMS IN LITHUANIA

Budget deficit is one of the most important parts of macroeconomics. Since 1990, the government of the Lithuanian Republic has been faced with problems in balancing the budget deficit; most of the years, the country’s budget was deficit with the lack of incoming money flow. The budget deficit value...

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Main Authors: F. Jaseviciene, E. Rudzionyte
Format: Article
Language:deu
Published: Taras Shevchenko National University of Kyiv 2015-10-01
Series:Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка
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Online Access:http://bulletin-econom.univ.kiev.ua/wp-content/plugins/download-attachments/includes/download.php?id=7143
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author F. Jaseviciene
E. Rudzionyte
author_facet F. Jaseviciene
E. Rudzionyte
author_sort F. Jaseviciene
collection DOAJ
description Budget deficit is one of the most important parts of macroeconomics. Since 1990, the government of the Lithuanian Republic has been faced with problems in balancing the budget deficit; most of the years, the country’s budget was deficit with the lack of incoming money flow. The budget deficit value in Lithuania has been a significant theme since 2004, when Lithuania became part of the European Union, and one of the liabilities was to insure the litas replacement with euro currency and the budget deficit was one of the Maastricht’s criteria. Also it is very important to maintain effective management of public finances. The government is responsible for managing the country’s budget in respect to various economical parameters, for example, GDP, inflation rate, unemployment rate, etc., in order to plan income level and distribute it to the relevant economic areas. Also, the budget deficit’s problems are revealed in this article.
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institution OA Journals
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language deu
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publisher Taras Shevchenko National University of Kyiv
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series Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка
spelling doaj-art-7e2da9c9966b4228ab3f375d3cd3e59e2025-08-20T01:58:00ZdeuTaras Shevchenko National University of KyivВісник Київського національного університету імені Тараса Шевченка. Серія Економіка1728-26672079-908X2015-10-019174425110.17721/1728-2667.2015/174-9/7ANALYSIS OF BUDGET DEFICIT AND ITS PROBLEMS IN LITHUANIAF. Jaseviciene0E. Rudzionyte1 Vilnius University, Vilnius, Lithuania Vilnius University, Vilnius, Lithuania Budget deficit is one of the most important parts of macroeconomics. Since 1990, the government of the Lithuanian Republic has been faced with problems in balancing the budget deficit; most of the years, the country’s budget was deficit with the lack of incoming money flow. The budget deficit value in Lithuania has been a significant theme since 2004, when Lithuania became part of the European Union, and one of the liabilities was to insure the litas replacement with euro currency and the budget deficit was one of the Maastricht’s criteria. Also it is very important to maintain effective management of public finances. The government is responsible for managing the country’s budget in respect to various economical parameters, for example, GDP, inflation rate, unemployment rate, etc., in order to plan income level and distribute it to the relevant economic areas. Also, the budget deficit’s problems are revealed in this article.http://bulletin-econom.univ.kiev.ua/wp-content/plugins/download-attachments/includes/download.php?id=7143budget deficitmacroeconomic parametersbudgetconvergence criteria
spellingShingle F. Jaseviciene
E. Rudzionyte
ANALYSIS OF BUDGET DEFICIT AND ITS PROBLEMS IN LITHUANIA
Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка
budget deficit
macroeconomic parameters
budget
convergence criteria
title ANALYSIS OF BUDGET DEFICIT AND ITS PROBLEMS IN LITHUANIA
title_full ANALYSIS OF BUDGET DEFICIT AND ITS PROBLEMS IN LITHUANIA
title_fullStr ANALYSIS OF BUDGET DEFICIT AND ITS PROBLEMS IN LITHUANIA
title_full_unstemmed ANALYSIS OF BUDGET DEFICIT AND ITS PROBLEMS IN LITHUANIA
title_short ANALYSIS OF BUDGET DEFICIT AND ITS PROBLEMS IN LITHUANIA
title_sort analysis of budget deficit and its problems in lithuania
topic budget deficit
macroeconomic parameters
budget
convergence criteria
url http://bulletin-econom.univ.kiev.ua/wp-content/plugins/download-attachments/includes/download.php?id=7143
work_keys_str_mv AT fjaseviciene analysisofbudgetdeficitanditsproblemsinlithuania
AT erudzionyte analysisofbudgetdeficitanditsproblemsinlithuania