Associations Investors’ Forum, Unicorns Lithuania, the Confederation of Lithuanian Industrialists, and the Lithuanian Business Confederation today submitted an official appeal to the Ethics and Procedures Committee of the Lithuanian Parliament, requesting an investigation into potential violations of the Parliament’s statute and the Basic Law on Legislation, committed by the Budget and Finance Committee during the consideration of legislative proposals related to tax reform.
In his annual address, President Gitanas Nausėda clearly outlined Lithuania’s geopolitical directions and priorities. The speech emphasized the need to strengthen national security and contribute to collective defense within NATO. The Investors’ Forum – an association that unites the largest and most active investors in Lithuania’s economy – consistently highlights that national security is the country’s top priority, without which prosperity and economic growth cannot be achieved. Thus, the President, along with the business community and society at large, speaks the same language.
At an open forum titled “Defend the Economy”, held in Vilnius, over 200 business associations invited Lithuanian policymakers to engage in discussions about the country’s proposed tax reform. Economists and representatives from various industry and business sectors emphasized that the current restructuring of the tax system is being carried out hastily and without proper assessment. They argued that alternative methods of funding defense have not been adequately considered, and well-reasoned arguments are being overlooked.
Dear members of the association, colleagues,
The past year has been special for our association: in 2024, we celebrated the 25th anniversary of our organization’s activities. For a quarter of a century, we have been a rational voice and a think tank, assisting the Republic of Lithuania in improving the investment climate and business environment, strengthening its position in the world, and creating welfare for the country and its society. For a quarter of a century, we have been an initiative-driven, active, and responsible community, within which we can successfully create meaningful changes for all of us. I consider the opportunity to be part of this community not only a special pleasure but also an extraordinary honor.
Starting from May 2, Vytautas Šilinskas has taken over as the head of the Investors’ Forum, an association uniting the largest and most active investors in Lithuania’s economy. A lawyer and labor law specialist, as well as a former Minister of Social Security and Labor, Šilinskas succeeds Rūta Skyrienė, who had led the association since 2003. He joined the leadership team of the association in February as Head of Policy and Corporate Affairs.
