Roczność i wieloletniość w finansach publicznych Litwy

ENThe Lithuanian Constitution requires the adoption of the state budget for the calendar year (from the 1st January to the 31st December). The provisions of the Constitution does not provide, but also do not prohibit the long-term financial (budgetary) plan-ning. According to these rules and the Act on the structure of the budget, the Parliament adopts the annual budget of the state in the form of law. It has the form of the program budget. The Parliament also approves the national budget indicators for a period of three years (the act of the approval has the form of the resolution of the Sejm). It specifies only the total amount of income and the Rocznik Stowarzyszenia Naukowców Polaków Litwy, 2013, T. 12 total amount of expenditure for each year (with no formal distinction between the state budget and local budgets). It is not binding for the government and for the Parliament, because the amounts of the next year may be different with no legal consequences and restrictions. So this system differs significantly from the model of Council Directive 2011/85/EU of 8 November 2011 on require-ments for budgetary frameworks of the Member States that will come into force on the 1st January 2014. During the adjustment process of the Lithuanian legal provisions to the requirements of the directive the major changes in the Act on budget system were introduced. Most of them will come into force on the 1st January 2014. Lithuania has adopted the changes that are relevant rather to the countries of the euro zone than the countries with the deroga-tion. This is justified by the fact that Lithuania plans to adopt euro in 2015.