Ilze Indriksone approved as Latvia’s new Minister of Economics

On Thursday, 26 May, Latvia’s parliament voiced support of Ilze Indriksone as a candidate for the post of Minister of Economics. Indriksone mentioned energy independence and security through the use of renewable energy resources.
It is also important to continue attraction of investments, support instruments and promotion of science-business cooperation to improve competition. She also mentioned improving accessibility of housing in regions.
«In this difficult geopolitical situation, when we also have to fight consequences caused by Covid-19 pandemic, and recover from the rapid surge of energy prices we also have to deal with economic consequences of Russian-Ukrainian war. On top of all that, I will have to make quick and constructive decisions to make sure Latvia’s economy and our residents don’t suffer.

As Minister of Economics I will need to do a lot and even more until the next Saeima elections

to ensure our households can feel safe about availability of heating energy this heating season and their ability to pay for utilities, and for our entrepreneurs to reorient their operations towards new export markets and work with scientists to create new competitive products to help raise our economy’s indexes and the welfare of our residents. There are many challenges and a lot to do. I do highly value what my predecessor Jānis Vitenbergs has done to stabilize Latvia’s economy. I will continue this course,» said Indriksone.
The new minister stresses its is important to her to continue the dialogue with organisations representing the biggest companies.
Indriksone was elected to the 13th Saeima from the National Alliance party. She previously worked as parliamentary secretary to the Ministry of Economics, a member of Saeima’s Budget and Finance Committee and a secretary to the Public Expenditures and Audit Committee.