Expert group meets to discuss economic stimulus after coronavirus

Piret Mürk-Dubout, one of the members of the Economic Expert Council .
Piret Mürk-Dubout, one of the members of the Economic Expert Council . Source: Siim Lõvi /ERR

On Monday, an expert panel will meet to advise the government on stimulating the economy after coronavirus, with a focus on improving people's livelihoods and increasing the competitiveness of businesses.

The members of the expert panel are Raul Eamets, Ardo Hansson, Alo Ivask, Väino Kaldoja, Erki Kilu, Arno Kütt, Toomas Luman, Kadri Männasoo, Piret Mürk-Dubout, Peep Peterson, Jaan Pillesaar, Indrek Neivelt, Kai Realo, Ivo Suursoo and Kadri Ukrainski.

The expert panel has been created within the government's Economic Development Committee and will be chaired by Prime Minister Jüri Ratas (Center).

Business leaders, economists and experts will advise the Economic Development Commission and the government in drafting an economic innovation package. 

The package aims to develop a comprehensive and forward-looking approach to overcoming the recession caused by the coronavirus. The plan must focus on valuing people, researching and developing companies, investing, cutting red tape and achieving climate goals.

According to the latest estimate of the Bank of Estonia, the Estonian economy may fall by 10 percent this year compared to last year.


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Editor: Helen Wright

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