Vastus pöördumisele BA letter to the Ministers of Finance of the Baltic States

Suur-Ameerika 1 / 10122 Tallinn / Estonia / +372 611 3558 / [email protected]

www.rahandusministeerium.ee / Reg. code: 70000272

BALTIC ASSEMBLY

[email protected]

BA letter to the Ministers of

Finance of the Baltic States

Dear members of the Baltic Assembly

Commitee,

Thank you for your letter dated 29 December 2025 and the attached WifOR Institute

presentation. Please accept our apologies for providing this reply after your requested date of

2 March 2026.

We appreciate the insights shared regarding the macroeconomic impacts of population health.

The concept of treating healthcare as a strategic long-term investment rather than an isolated

expense is theoretically sound and aligns with broader goals of regional prosperity. However,

regarding the operational integration of these concepts, it is important to maintain clear

institutional mandates. In a small country that prioritizes a lean and efficient state apparatus,

building a dedicated function within the Ministry of Finance to independently evaluate health

return-on-investment metrics is not structurally feasible, nor is it our core role. The primary

responsibility for developing sector-specific methodologies, driving health policy, and

demonstrating the cost-benefit of preventive measures rests with the Ministry of Social

Affairs. The Ministry of Finance evaluates the budgetary proposals they bring forward within

the context of strict, multi-year macro-fiscal limits that must balance the investment demands

of all government sectors. We naturally maintain close cooperation with them in this standard

budgetary process. Furthermore, regarding the development of standardized regional

frameworks for measuring health ROI, we would be interested to learn if such specific

methodologies are currently established standard practice among Ministries of Finance across

the European Union and what are the specific outcomes of these practices.

We wish you a productive committee meeting on 26-27 March 2026.

Your ref. 02.12.2025

Our ref. 17.03.2026 No 11-4.1/5587-2

2

Yours sincerely,

(signed digitally)

Jürgen Ligi

(Minister of finance of Estonia)

Contact:

Risto Kaarna; +372 58851465

[email protected]