The Klaipeda city municipality has been announced the best municipality out of 7 city municipalities in Lithuania for the third consecutive year. Its ranking is 67.3 points out of 100 possible. The Kaunas district municipality (68.4 points) tops the district municipality ranking of 53 municipalities, the annual Lithuanian Municipalities Index developed and published by the Lithuanian Free Market Institute (LFMI) shows.
The study assesses how municipalities ensure people’s economic freedom, i.e. freedom to choose services, products and suppliers and freedom to act. It also evaluates whether municipalities manage tax payers money effectively.
“The management of municipalities and municipal decisions can both improve and worsen people‘s lives and business conditions. One of the main reasons why Klaipeda has come out on top is its favourable investment climate. Investment is a key to productivity and wage growth. Statistics show that Lithuanian municipalities with more investment have lesser unemployment, and people earn more and are less dependent on social welfare,” said President of LFMI Zilvinas Šilėnas.
MORE in Lithuanian: http://www.llri.lt/?p=3906