The distribution of the second issue Government savings notes (GSN) ended on Monday, where residents purchased GSN for EUR 44.2 million and 3,014 transactions were made. Residents will be paid 3.8 per cent of annual interest on this new one-year GSN issue.

President Gitanas Nausėda opened and participated in the US-Lithuania Business Forum in Los Angeles, which brought together businesses from both countries operating in technologies, defense industry, net-zero industries, sustainable food production and trade, as well as the maritime sector.

On 19 September, the Minister of the Economy and Innovation Aušrinė Armonaitė will meet Richard Lee, CEO of Lotte Biologics, a South Korean company belonging to one of the largest pharmaceutical groups, Lotte Group.

After the European Union (EU) decided to establish a new Anti-Money Laundering Authority (AMLA), Lithuania is participating in the selection process and has all the necessary advantages for this important institution of the financial sector to be located in Vilnius. This message was delivered today to ambassadors of EU countries based in Lithuania, economic officials, representatives of the European Commission and the European Parliament. At the event, Minister of Finance Gintarė Skaistė noted that Lithuania's greatest advantage is a large number of competent specialists, a dynamic ecosystem of the financial sector and a high quality of life in Vilnius, thus, Lithuania participates in this selection with determination to succeed.

President Gitanas Nausėda continues his working visit to New York, where he met with the Lithuanian-American Business Council and a group of US companies focusing on information technology, the financial sector, net-zero industries, defense industry and cyber-security, which are interested in investment in Lithuania and the development of economic cooperation.

Representatives of Lithuanian small and medium-sized businesses are encouraged to develop and improve employee skills. The instrument aimed for this purpose will be open to companies in both the capital and central and western regions of Lithuania and the Ministry of the Economy and Innovation will allocate € 7.5 million.

On Wednesday 6 of September, the Government approved the amendments to the Law on the Budget Structure and relevant legislation prepared by the Ministry of Finance, which propose to establish a three-year budget. This will ensure the continuity of funding in the medium term and form a more sustainable fiscal policy of the country. It is also expected that the efficiency of the use of budget funds will increase, making it possible for institutions to carry over a part of the unused funds to the following year. The proposed changes would enter into force during the preparation of the draft budget for 2025-2027.

On Monday, 11 September, the Lithuanian Laser Laboratory was opened in Taiwan, with the aim to accelerate the development of laser and other new technologies.

The Lithuanian transport and logistics sector reported improved results in the first half of this year, with a 9% rise in revenue, a 3% rise in freight volumes, a 15% growth in passenger traffic and a remarkable 20% surge in the number of air travellers. Airplane load factors have also returned to pre-pandemic levels.

Latvian airline airBaltic has announced its flight schedule for the summer season next year. From May 2024, new routes between Vilnius Airport and Krakow (Poland) will be launched, as well as a route between Palanga Airport and Amsterdam (the Netherlands), which is of strategic importance for the entire Western region of Lithuania.