Lithuania: News

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Ukraine’s parliament approves 2027 state budget in first reading

With security and defense allocations accounting for around two-thirds of planned expenditure and a projected deficit of nearly Hr 1.7 trillion ($37 billion), the budget highlights the challenge of funding the war while maintaining economic stability and meeting social commitments.

About Lithuania

Lithuania is a Baltic state covering 65,300 square kilometers (25,212 square miles) with a population of approximately 2.8 million. Lithuania’s capital is Vilnius. The country is one of the top providers of military aid to Ukraine in terms of percentage of GDP, with total aid exceeding 1.7 billion euros. Lithuania hosts Ukrainian refugees, supports sanctions against Russia, and advocates for Ukraine's NATO and EU membership.

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