Ministry_of_Economy_and_Innovation_(Lithuania)

Ministry of Economy and Innovation (Lithuania)

Ministry of Economy and Innovation (Lithuania)

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The Ministry of Economy and Innovation of the Republic of Lithuania (Lithuanian: Lietuvos Respublikos ekonomikos ir inovacijų ministerija) is a government department of the Republic of Lithuania. Its operations are authorized by the Constitution of the Republic of Lithuania, decrees issued by the president and prime minister, and laws passed by the Seimas (Parliament). Its mission is to develop positive legal and economic environment for economic development and ensure public welfare and employment.[5]

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The Ministry of Economy and Innovation is responsible for handling government business in the following areas: business environment, export, innovation, state-owned enterprises (SOEs), EU support to business, public procurement and tourism.

History

On 11 November 1918, the Republic of Lithuania established the Ministry of Finance, Trading and Industry.[6] It is considered to be the predecessor of the Ministry of Economy, although throughout the interwar period it was never a separate ministry and its functions remained under the Ministry of Finance.[6] A separate Ministry of Economy was established on 17 January 1990. Its areas of responsibility and the name changed several times in 1990s.[6] On 1 January 2019, it was renamed to the Ministry of Economy and Innovation.[6]

Institutions

Ministers

  Christian Democratic Party   Democratic Labour Party   Farmers and Greens Union   Freedom Party   Homeland Union   Labour Party   Liberal Union   Popular Peasant's Union   Social Democratic Labour Party   Social Democratic Party   Independent

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References

  1. [1]
    Lietuvos Respublikos ekonomikos ir inovacijų ministerija employees (insured) on January 1st, 2021
  2. [2]
    Lithuanian budget for 2021
  3. [3]
    "Ekonomikos ir inovacijų ministerija". LR Valstybė (in Lithuanian). 2020-12-11. Retrieved 2024-02-26.
  4. [4]
    "Lietuvos Respublikos ekonomikos ir inovacijų ministerija". Visuotinė lietuvių enciklopedija (in Lithuanian). Retrieved 2024-02-26.
  5. [5]
    Ministry of Economy of the Republic of Lithuania
  6. [6]
    "Istorija". Ministry of Economy and Innovation (in Lithuanian). Archived from the original on 5 February 2023.


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