According to the 2019 budget bill, the national broadcasters will be allocated 41.6 mln euros, almost 7% more than this year (38.8 mln euros).
"Since 2015 when LRT lost the possibility to receive revenue from commercial advertising, as an alternative, a mechanism was introduced by the law, linking its funding with the residential income tax," Vice Minister of Finance Darius Sadeckas told.
The LRT budget is directly linked to the state budget and receives 1.5% of the state budget's residential income tax revenue and 1.3% of excise revenue.
