Activities

The remit of the Committee on Economics shall be:

1) to prepare and consider drafts of laws and other legislative acts pending the adoption by the Seimas and proposals on the state regulation of Lithuania’s economy in the fields of energy, transport (air, waterway, railway, and road transport), safe traffic and transport infrastructure, logistics, investments, industry, trade, services, business and tourism, on the management, use, disposal and privatisation of the state property, public procurement and free economic zones;

2) to prepare and consider drafts of laws and other legislative acts pending the adoption by the Seimas and proposals on the legal regulation of activities of economic entities (setting up, registration, activities, reorganisation, competition, bankruptcy of enterprises), partnership of state and private capital (concessions), the legal regulation of activities of public establishments;

3) to consider drafts of laws and other legislative acts pending the adoption by the Seimas, where such drafts are referred to the Committee by the Seimas, and to prepare and submit conclusions thereon;

4) to submit conclusions and proposals on the long-term strategy of the development of Lithuania’s economy, formation of the general economic (macroeconomic), economic competitiveness, economic sectors, small and medium-sized enterprises, investment policy;

5) to consider and submit proposals on the matters falling within the remit of the Committee and relating to a draft law on the approval of financial indices of state and municipal budgets of the Republic of Lithuania presented by the Government and to the state investment programme provided for in the said draft;

6) to consider and submit proposals, with regard to the matter falling within the remit of the Committee, on state monetary funds the estimates of which are approved by the Seimas and on sets of annual statements;

7) to exercise parliamentary scrutiny of activities of institutions engaged in administration and control of the economy (the Ministry of Transport and Communications, the Ministry of Economy and the agencies of the fields of their administration, the Competition Council, the Privatisation Commission, the National Control Commission for Prices and Energy, the State Nuclear Power Safety Inspectorate, the State Tobacco and Alcohol Control Service under the Government of the Republic of Lithuania, and the Public Procurement Office under the Government of the Republic of Lithuania) and to submit proposals and recommendations concerning the improvement of the activities thereof;

8) to examine the use of the appropriations allocated for the programmes and investment projects implemented by the Ministry of Transport and Communications, the Ministry of Economy and the agencies of the fields of their administration, the Competition Council, the Privatisation Commission, the National Control Commission for Prices and Energy, the State Nuclear Power Safety Inspectorate, the State Tobacco and Alcohol Control Service under the Government of the Republic of Lithuania, and the Public Procurement Office under the Government of the Republic of Lithuania;

9) to coordinate the activities of interested institutions of state administration and other organisations in the course of preparation of drafts of laws and other legal acts pending the adoption by the Seimas on the matters falling within the remit of the Committee;

10) to cooperate on the matters falling within the remit of the Committee with economic entities, associations and other institutions representing them and employees;

11) to prepare and consider drafts of laws and other legal acts regulating the design of the sustainable development of the information society and the digital economy, development of innovations and technological advancement and their influence on social development, technology modernisation of the State, strategic reforms of innovations and technologies, management and modernisation of communications, management and safety of information resources and communications infrastructure, to consider and submit proposals related to these issues;

12) to consider and submit to the Seimas the conclusions and proposals regarding the design of the sustainable development of the information society and the digital economy, promotion of the development of innovations and technological advancement and formulation of reform policy, administration and modernisation of communications, formation of information security policy, development and implementation of a long-term strategic vision of development of innovations and technological advancement of the State;

13) to coordinate activities of state institutions and agencies and other organisations when preparing drafts of laws and other legal acts on the matters falling within the Committee’s remit;

14) to analyse international legal acts and international practice related to the design of development of innovations and technological advancement, the design of the sustainable development of communications, the information society and the digital economy, ensuring of information security, to submit proposals and conclusions to the Seimas;

15) to review the use of the funds allocated for the operational activities falling within the remit of the Committee in each programme of the manager of budget appropriations and to evaluate the expediency and effectiveness of budget funds and investments;

16) to submit conclusions regarding the compliance of drafts of laws and other legal acts prepared by the Seimas Committees to the national strategies of the development of the information society, the digital economy, innovations and technological advancement;

17) to exercise parliamentary scrutiny on the matters falling within the remit of the Committee, to hear information and reports of the ministries, other state institutions and agencies on the implementation of the laws and other legislative acts adopted by the Seimas and related to the matters falling within the remit of the Committee.

 

Article 60 of the Statue of the Seimas