Minister of the Economy and Innovation Lukas Savickas, as a member of the Seimas, has submitted an initiative to the Seimas to further reduce the excessive regulatory burden on businesses and citizens. The Minister proposed to introduce the one-stop shop principle of the START programme into the amended Law on Public Administration. She also proposes to introduce a scoreboard to monitor deadlines for public services.

The Ministry of the Economy and Innovation (EIMIN) will provide more than €16.27 million for infrastructure projects that will help create a more attractive business environment for municipalities and encourage investment. Municipalities are invited to apply by 19 March this year.

The Government approved the proposal of the Ministry of Energy to temporarily suspend the tender for the offshore wind park announced on November 18, 2024, and to review the terms of the tender.

Ministry of the Economy and Innovation (EIMIN) has granted €2.45 million for the development of digital resources for the Lithuanian language, which will be used for the development of Artificial Intelligence (AI) solutions in Lithuania. The 5 funded projects will develop dictionaries and text libraries that will improve everyday services in healthcare, education and other sectors. The projects will be implemented by the State Agency for Digital Solutions and the digital resources created will be made freely available to both businesses and citizens.

Lithuania raised EUR 2 billion in the international capital markets by issuing two Eurobonds issues of EUR 1 billion each – one with 5-year maturity and the other with 15-year maturity.

The Ministry of the Economy and Innovation (EIMIN), accelerating the development of artificial intelligence (AI) in Lithuania, will provide additional funding for 12 start-up projects that will develop products and solutions for artificial intelligence, blockchain technology, and robotics process automation.

Individuals, businesses and other organisations purchased defence bonds for EUR 3.4 million during the fourth issue placement, where 251 transactions were concluded. Following the launch of the distribution of defence bonds this year, buyers purchased these bonds for a total of EUR 16.7 million through four issues. The funds raised will be used for the acquisition of important weapons, such as anti-drone systems.

The Government has approved a proposal of the Ministry of the Economy and Innovation (EIMIN) to designate the State Agency for Digital Solutions (SADS), under the Ministry, as the competent authority and single point of contact to ensure the smooth implementation of the European Interoperability Act.

The Seimas has approved a proposal by the Ministry of the Economy and Innovation (EIMIN) to further accelerate the development of Artificial Intelligence (AI) in Lithuania. We are one of the first countries in the European Union (EU) to launch a pilot AI regulatory environment (the so-called "AI sandbox"). According to the Vice Minister of the Economy and Innovation Andžej Trachimovič, these developments offer huge potential for our economy as a whole, allowing Lithuanian companies to accelerate innovation and compete in the global market.