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Consolidation of Institutions Responsible for Supervision of Activities of Economic Operators

Audit Id 1595415868550
Title Consolidation of Institutions Responsible for Supervision of Activities of Economic Operators
Title in original language

Ūkio subjektų veiklos priežiūrą atliekančių institucijų konsolidavimas

Lithuanian

Year 2020
Subject

Government Operations (Budget and Spending)

Type

Performance

Type of performance

Performed by single SAI

Comments At the end of 2019, the activities of economic operators in Lithuania were supervised by 54 institutions. Each year, the supervision costs more and more: comparing 2019 and 2016, the costs increased by 30 per cent and amounted to about EUR 300 million according to preliminary estimates of auditors. This amounts up to 3 per cent of the total State budget appropriations. As the cost of the supervision of economic operators to the State has not been counted so far, during the audit, data were collected and preliminary estimates were made using the data provided by the institutions on the part of the activities including business supervision functions (in per cent), and the State budget appropriations allocated to institutions. The results reveal that despite the ongoing consolidation of the institutions supervising economic operators, it has not been assessed at the State level whether the supervisory functions performed by these institutions are still relevant and whether it is appropriate for the public institutions to continue performing them. The audit also draws attention to the NAOL audits performed in 2019, which show that the systematic assessment (scoreboard) of the progress of supervisory institutions performed by the Ministry of Economy and Innovation, high-ranking supervisory institutions do not perform their activities as well as they are assessed.
Country

Lithuania

Materials

Summary

English

See summary
Contact
nao@vkontrole.lt
nao@vkontrole.lt
http://www.vkontrole.lt
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