Luxembourg Ministry of the Economy

The Luxembourg Ministry of the Economy serves as the central government body responsible for formulating and executing the nation's economic policy. It crafts strategic frameworks and deploys various instruments to foster the dynamism and sustainable development of the national economy. Its remit spans critical areas including foresight, European policy, intellectual property, and competitiveness, alongside actively screening foreign investments and promoting Luxembourgese businesses.

Established on July 14, 1989, the Ministry was created by the Government of Luxembourg to centralize and strategically manage the country's economic trajectory. This formation reflected an insight into the necessity of a dedicated entity to navigate evolving global economic landscapes and ensure robust, directed growth for the Grand Duchy. It operates as an integral part of the overarching governmental structure.

The Ministry primarily serves the citizens and businesses of Luxembourg, providing essential services and regulatory oversight. Its long-term vision is to ensure economic security, nurture innovation across diverse priority sectors such as space, health technologies, and cleantech, and to continually enhance Luxembourg's competitive standing on the international stage, positioning it as a proactive and resilient economy.