What is PPP? Lithuanian PPP definition is established in the Law on Investments: “public and private sector partnerships are legally established types of cooperation between the state or municipal authority and a private body that enable the state or municipal authority to transfer its activity to a private body, while a private body invests in this activity and the assets necessary to perform this activity and receives for this a legally established remuneration”. more

The reform of the Strategic Planning and Budgeting The Ministry of Finance of Lithuania together with Office of the Government of Lithuania and CPMA are implementing the reform of the Strategic Planning and Budgeting. The purpose of this reform is to develop a more reliable and better-quality system of strategic planning, to strengthen performance budgeting, medium-term expenditure management and program management, with the aim to ensure redistribution and execution of public finances in accordance to the needs for the sustainable socio-economic development of Lithuania and to promote result orientation. more