Darbas anglų kalba. Fiskalinė (monetarinė) politika ir jos priemonių bei uždavinių analizė. Introduction. The aim of this paperwork is to analyze the main tools of fiscal policy as well as its targets in order to prove the importance of fiscal policy in state governance seeking to maintain stable and developing economy. Tools of fiscal policy. Discretionary fiscal policy. Non – discretionary fiscal policy. Targets of fiscal policy. Problems implementing fiscal policy. Convergence program of Lithuania. Convergence program of Lithuania of 2007. Evaluation of financial situation and activities of Lithuania. Conclusions.