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Head of Latvian Institute supports proposed change of institute's status to public foundation
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    Head of Latvian Institute supports proposed change of institute's status to public foundation

    RIGA, April 16 (LETA) - The Latvian Institute, which is the Latvian government agency responsible for shaping the country's international image, supports the proposal by the Foreign Ministry to change the status of the Latvian Institute by transforming it into a public foundation, said the head of the Latvian Institute, Aiva Rozenberga.

    Commenting on the plans for transforming the smallest of the Latvian government agencies, which has only four full-time employees, into a public foundation to give to the organization greater autonomy and to increase its opportunities for raising financing from private sources, Rozenberga said that upon its foundation the Latvian Institute had already enjoyed "a certain degree of independence" but its status got changed with time due to various circumstances.

    "The functions performed by the Latvian Institute are very much needed these times but the question is in what form it can function most effectively. Of the proposed options, I favor the status of a public foundation," said the head of the organization.

    She remarked that representatives of similar foreign organizations had found the Latvian Institute's performance amazing, given the meagre financing and the small staff.

    Rozenberga said she had a clear idea of the institute's future development but this was not the right time to give the details because everything would depend on the amount of financing.

    The Latvian Foreign Ministry has produced a report in which three options for the future of the Latvian Institute have been proposed. The institute could continue functioning as a government agency under the auspices of the foreign minister, be transformed into a public foundation or be merged with the Latvian Investment and Development Agency.

    However, none of the three options would completely solve the problem of insufficient financing for the institute's activities, the ministry said, suggesting that the mission of the Latvian Institute and the required financing should be revised when discussing the possible change of the organization's status.

    • Published: 16.04.2018 16:00
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