Lithuania’s budget revenue increased 7.7 percent from a year earlier in the four months through April, exceeding the government’s target.
Revenue rose to 6.62 billion litai ($2.48 billion), the Finance Ministry, based in the capital, Vilnius, said today in a statement on its website. The government had sought 6.49 billion litai.
The Baltic nation’s government plans to narrow the budget deficit to 3 percent of gross domestic product this year from 5.5 percent in 2011. The shortfall may shrink to 3.2 percent this year, the European Commission said today.
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