Management

Dr.oec. Jānis Priede

Chairman of the Council. Jānis Priede is a doctor of economics, a professor of economics at the University of Latvia, and the dean of the Faculty of Economics and Social Sciences at the University of Latvia. Combines academic knowledge with a broad international experience. Interned at many foreign universities - Columbia University in New York (USA), Fulda University of Applied Sciences (Germany), University of Iceland (Iceland), Warsaw School of Economics (Poland), University of Aveiro (Portugal) and also universities of the nearest neighbours - University of Tartu (Estonia ) and Kaunas University of Technology (Lithuania), as well as others. Approved as a member of the Fiscal Discipline Council by the decision of the Saeima on October 19, 2023. At the Council meeting held on 19 December 2025, he was elected Chairman of the Fiscal Discipline Council, assuming the duties of the position as of 1 January 2026.

Dr.habil.oec. Inna Steinbuka

Deputy chair of the Council. Inna Šteinbuka is Professor, Director of the Master's degree programme "European Studies" at the University of Latvia. Since October 2018 she is a special advisor to Vice President of the European Commission Valdis Dombrovskis. From 2011 to 2018 she has been the Head of the European Commission Representation in Latvia. She has been working at the European Commission since 2005 and was previously the Director of the Department of Economic and Regional Statistics, and the Department of Social and Information Society Statistics at Eurostat.

Prior to joining the European Commission, she has been Chair of the Public Utilities Commission of Latvia and Senior Advisor to the Executive Director of Nordic - Baltic constituency at the International Monetary Fund in Washington D.C. She has previously held various positions at the Ministry of Finance. She takes part in the activities of the "Economists Association 2010". Inna Šteinbuka is a full member of the Latvian Academy of Sciences. In 2008 Inna Šteinbuka was awarded with the Order of the Three Stars for her achievements in finance and economics.

On 11 October 2018, the Saeima appointed Inna Šteinbuka as a member of the Fiscal Discipline Council. As of 1 January 2020, she assumed the position of Chairwoman of the Fiscal Discipline Council.

On 26 September 2024, the Saeima approved her for a second term of office, commencing on 10 October 2024.

Inna Šteinbuka served as Chairwoman of the Fiscal Discipline Council until 31 December 2025. At the meeting held on 19 December 2025, she was elected Deputy Chair of the Fiscal Discipline Council and assumed this role as of 1 January 2026.

MSc.oec. Ülo Kaasik

Ülo Kaasik has been Deputy Governor of Eesti Pank since July 2011 and has worked at the central bank since 1999, first as an economist in the Research department and then from 2007 as Head of the Monetary policy department. He also worked for two years as economic adviser to prime minister.

Ülo Kaasik graduated from the Faculty of Economics and Business Administration of the University of Tartu and holds a Master’s degree in economics from Tallinn University of Technology. As of January 1 2014, he is a member of the Fiscal Council of Latvia. His membership was extended for another six year period on March 16, 2020. 

MSc.IB. MSc.Theol. Ivars Golsts

Ivars Golsts has served as Chairman of the Supervisory Board at Latvenergo, Director of the Latvian Guarantee Agency, Chairman of the Board at the Latvian State Radio and Television Centre, and Advisor to the Board of Directors of the European Bank for Reconstruction and Development. From June 1, 2019, to August 31, 2020, he served as Secretary of the Fiscal Discipline Council.

Ivars holds a Master's Degree in International Business from the University of Colorado at Denver and a degree in engineering from Riga Technical University.

On September 9, 2021, he was approved as a member of the Fiscal Discipline Council.

MSc.oec. Andrejs Jakobsons

Andrejs Jakobsons is a lecturer and member of Council at RTU Riga Business School. Andrejs is specialized in macroeconomics, management economics, labor economic and international economics. Before that he led World Bank projects in the Baltic States. Andrejs has been financial and tax expert at the Latvian Employers' Confederation. Has a Master's degree in Economics from Indiana University in the USA.