Ministry of Finance (Lithuania) explained

Agency Name:Ministry of Finance
Type:Ministry
Nativename:Finansų ministerija
Picture Width:300px
Jurisdiction:Government of Lithuania
Headquarters:Lukiškių 2, Naujamiestis,
01108 Vilnius
Employees:415 permanent employees
(January 2021)[1]
Budget:€1.854 billion (2021)[2]
Minister1 Name:Gintarė Skaistė
Minister1 Pfo:25th Minister for Finance of Lithuania
Map:54.6927°N 25.268°W

The Ministry of Finance of the Republic of Lithuania (Lithuanian: Lietuvos Respublikos finansų 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 formulate and implement an effective policy of public finance in order to ensure the country's macroeconomic stability and economic development.[3] The current head of the Ministry is Gintarė Skaistė.

History

The Ministry of Finance, Trading and Industry was established on 11 November 1918.[4] Its first minister was a prominent Lithuanian lawyer and public figure Martynas Yčas (1885–1941).[4] For a brief period, between 25 December 1918 and 17 December 1919, there was a separate Ministry of Trading and Industry which is seen as a predecessor of the contemporary Ministry of Economy and Innovation.[4]

Ministers

Ministry of Finance
TermMinisterPartyCabinetOffice
Start dateEnd dateTime in office
1Romualdas Sikorskis
(1926–1997)
IndependentPrunskienė17 January 199010 January 1991
2Romualdas Sikorskis
(1926–1997)
IndependentŠimėnas10 January 199113 January 1991
3Elvyra Janina Kunevičienė
(born 1939)
Homeland UnionVagnorius13 January 199121 July 1992
4Audrius Misevičius
(born 1959)
IndependentAbišala21 July 199217 December 1992
5Eduardas Vilkelis
(1953–2023)
IndependentLubys17 December 199231 March 1993
6Eduardas Vilkelis
(1953–2023)
IndependentŠleževičius31 March 199310 February 1995
7Vytautas Einoris
(1930–2019)
Democratic Labour Party10 February 199519 March 1996
8Algimantas Križinauskas
(born 1958)
IndependentStankevičius19 March 199610 December 1996
9Rolandas Matiliauskas
(born 1967)
IndependentVagnorius10 December 19963 February 1997
10Algirdas Šemeta
(born 1962)
Independent19 February 199710 June 1999
11Jonas Lionginas
(born 1956)
IndependentPaksas10 June 199911 November 1999
12Vytautas Dudėnas
(born 1937)
Homeland UnionKubilius11 November 19999 November 2000
13Jonas Lionginas
(born 1956)
IndependentPaksas9 November 200012 July 2001
14Dalia Grybauskaitė
(born 1956)
IndependentBrazauskas12 July 200130 April 2004
15Algirdas Butkevičius
(born 1958)
Social Democratic Party4 May 200414 December 2004
16Algirdas Butkevičius
(born 1958)
Social Democratic PartyBrazauskas14 December 200414 May 2005
17Zigmantas Balčytis
(born 1953)
Social Democratic Party18 July 200518 July 2006
18Zigmantas Balčytis
(born 1953)
Social Democratic PartyKirkilas18 July 200616 May 2007
19Rimantas Šadžius
(born 1960)
Social Democratic Party16 May 20079 December 2008
20Algirdas Šemeta
(born 1962)
IndependentKubilius9 December 200830 June 2009
21Ingrida Šimonytė
(born 1974)
Independent3 July 200913 December 2012
22Rimantas Šadžius
(born 1960)
Social Democratic PartyButkevičius13 December 201215 June 2016
23Rasa Budbergytė
(born 1960)
Social Democratic Party23 June 201613 December 2016
24Vilius Šapoka
(born 1978)
Farmers and Greens UnionSkvernelis13 December 201611 December 2020
25Gintarė Skaistė
(born 1981)
Homeland UnionŠimonytė11 December 2020Incumbent

Notes and References

  1. https://rekvizitai.vz.lt/en/company/lietuvos_respublikos_finansu_ministerija/number-of-employees/ Lietuvos Respublikos finansų ministerija employees (insured) on January 6th, 2021
  2. https://finmin.lrv.lt/uploads/finmin/documents/files/2021m_%20%C4%AEstatymas(1).pdf Lithuanian budget for 2021
  3. Web site: Lietuvos Respublikos finansų ministerija. finmin.lrv.lt.
  4. Web site: 1918-1940 m.. https://web.archive.org/web/20200929032841/https://finmin.lrv.lt/lt/apie-ministerija/istorija/1918-1940-m. 29 September 2020. Ministry of Finance of Lithuania.