Minister of Finance Gintarė Skaistė signed the draft resolution for allocation of additional funds to acquire necessary weapon systems still this year. The Ministry of National Defence will be allocated EUR 130 million out of borrowed funds – this will allow to speed up the acquisition of drones, anti-drone systems and weapons, to upgrade existing mobile air defence systems and to acquire the new ones. Defence funding this year, including these additional funds, will reach 3.2 % of the gross domestic product (GDP) of Lithuania.

The distribution of the twelfth issue Government savings notes (GSN) ended on Monday, where residents purchased GSN for EUR 6.2 million and 531 transactions were made. Residents will be paid 3.2 per cent of annual interest on this new one-year GSN issue.

The Ministry of the Economy and Innovation has allocated more than €8.2 million to 174 European Union (EU) investment projects that will enable Lithuanian companies to develop and improve the skills of their employees.

Lithuania borrowed EUR 1 billion in international capital markets by issuing a 7-year Eurobond.

As of July, another 34 budgetary institutions are joining the State Treasury Consolidated Account Management System (VIKSVA). This means that by the end of the year, 406 institutions, i.e. about 85% of all budgetary and public institutions that have to switch to the new system under the Law on the State Treasury, will have accounts with the State Treasury.

Two years ago, the Kaunas Free Economic Zone (FEZ) announced that it attracted its first billion of investments. Currently, the amount of investments is approaching the second billion, amounting to €1.56 billion. This investment will create almost 10,000 high-skilled jobs in the near future.

The European Commission has published the results of the 2024 European Innovation Scoreboard, which shows continued progress in Lithuania's innovation ecosystem. Over the period 2023-2024, Lithuania's progress is the highest in the European Union, with a growth rate of 3.7 percentage points compared to the EU average of 0.6%. Overall, Lithuania's innovation ecosystem has reached the highest level of development in its history, with a cumulative innovation index score of 92 points.

Companies and institutions managed by the Ministry of Transport and Communications of the Republic of Lithuania have contributed a considerable amount of taxes and dividends to the state budget: as much as €261 million last year. This year, more than €47 million in dividends alone have been paid for 2023, which is 3.3 times more than in 2022.

From 1 July this year, the transition to SABIS, the Single Account Administration Information System, which will be used for sending and receiving electronic invoices from the public sector, businesses and other contracting organisations, begins. SABIS will replace the current "E.sąskaita" (e-Account) information system, which will cease to operate from 30 August. This will encourage companies to connect to the European e-invoicing infrastructure.

A new page in the history of the Lithuanian shipping industry has been written today. The construction of the first hydrogen-electric ship in the state’s history has officially begun at Western Baltija Shipbuilding (WBS) commissioned by the Klaipėda State Seaport Authority. This ship, designed for waste management, will become a symbol of Lithuania’s progress and its commitment to reducing environmental impact. At the same time, this project testifies to the ability to bring professionals with a high level of competencies together for the implementation of innovative projects.