ILTE Head D. Vilčinskas: Deposits used for defense financing would yield a return and be safe

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ILTE Head D. Vilčinskas: Deposits used for defense financing would yield a return and be safe

When the Presidency proposed to invest part of the country's deposits held in commercial banks through the national development bank ILTE, thereby further stimulating the country's economy and allocating 5-6% of the gross domestic product (GDP) to defense in the future, the head of ILTE says that depositors would receive a return, their funds would be safe, and they would be able to withdraw their money at any time.