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18/03/2021   National Audit Office provides the first statistical analysis of COVID-19 consequences management

National Audit Office – Supreme Audit Institution (SAI) – in response to the crisis triggered by the COVID-19 pandemic, set up a working group of auditors, whose task is to analyse the decisions of the Government in combating the consequences of the coronavirus, to initiate audits or assessments in this area, to participate in joint initiatives of supreme audit institutions of other countries, to assess the consequences of a pandemic at international level.

In January-February 2021, the auditors monitored the new measures adopted by the Government to maintain liquidity of enterprises and stimulate the economy, linking up existing statistical economic indicators and developing a systematic data analysis.

“The outbreak of COVID-19, which started last year, became a global challenge and had a significant impact on national economies. Our institution, responding to the current situation and seeking to contribute to an objective assessment of consequences management and to inform decision-makers and the public, analyses information, decisions and measures chosen to combat the consequences of the pandemic. Comparing the situation across the EU, we can see that Lithuania suffered the least as a result of the COVID-19 pandemic last year: real GDP fell by 0.8 % in 2020, and this is one of the lowest in the European Union (EU average: 6.2 %). Nevertheless, during the II-III quarters of 2020, the public debt increased by EUR 6.2 billion, and we have never had such a level of debt," said Auditor General Mindaugas Macijauskas. - The European Court of Auditors draws attention to sovereign debts and points out that there is a close link between the level of public debt and the fiscal capacity to respond to other crises and finance long-term growth.”

Looking at the reasons for the increase in the number of unemployed, it is evident that in Lithuania the average number of unemployed persons in 2019 amounted to 91.9 thousand, and in 2020 it was 34 thousand higher and reached 125.9 thousand. By the way, in January 2021 this number amounted to 20.6 thousand, while the number of vacancies was also similar – 20.7 thousand.

We would like to remind you that at the end of 2020 the National Audit Office prepared an overview “COVID-19 Crisis and Emergency Management”, which summarised the actions and measures taken by the Government in February-October for the management of the COVID-19 emergency. The use of resources from the COVID-19 mitigation action plan and the actions of the institutions were also assessed in other audits: Social Integration of Persons with Disabilities, Do the Changes in Education Determine Pupils‘ Better Learning Achievements, Management of Road Infrastructure, etc.

The COVID-19 working group will regularly provide information to the Seimas Committee on Audit and the public. Another area of activity of the working group is to participate in international cooperation initiatives of supreme audit institutions, which deal with the global or European consequences of the COVID-19 pandemic.


 

Responsible for the information Communication Division
Last updated on 1 April 2021

National Audit Office of Lithuania

Pamėnkalnio St 27, LT-01113 Vilnius, Phone: +370 608 92 636, Email: nao@vkontrole.lt.