Home/Learn/Art. 130

Article 130: Submitting the Draft Budget

Chapter XIHigh

Constitution Text

“The Government shall draw up a draft State Budget and present it to the Seimas not later than 75 days before the end of the budget year.”

Summary

The Government draws up the draft State Budget and presents it to the Seimas no later than 75 days before the end of the budget year.

Key Points

  • •The draft State Budget is drawn up by the Government.
  • •The draft is presented to the Seimas.
  • •Deadline: no later than 75 days before the end of the budget year.

Practical Example

Every autumn, by mid-October at the latest, the Government hands the Seimas the draft budget for the coming year so that it can be approved before the year ends.

Exam Tips

Memorise the number 75: the Government submits the draft budget to the Seimas at least 75 days before the end of the budget year.

Test Your Knowledge

Practice with questions about this article