French Ministry of Economy Delegates Signature Authority to the Group of National Schools of Economics and Statistics (GENES)
Paris, December 4, 2024 – The French Ministry of Economy has issued a decision on December 2, 2024, delegating signature authority to the Group of National Schools of Economics and Statistics (GENES). This decision marks a significant step in the delegation of authority within the ministry.
Background on GENES
GENES is a consortium of five national schools of economics and statistics in France:
- École Nationale de la Statistique et de l’Analyse de l’Information (ENSAI)
- École Nationale de la Statistique et de l’Administration Économique (ENSAE)
- École Nationale Supérieure de Techniques Avancées (ENSTA ParisTech)
- École Polytechnique
- Télécom Paris
GENES was created in 2007 to promote cooperation and synergies between these institutions. It offers a range of educational programs, research activities, and consulting services in the fields of economics, statistics, and data science.
Delegation of Signature Authority
The decision of the Ministry of Economy delegates signature authority to GENES in the following areas:
- Contracts related to education, research, and consulting services provided by GENES
- External partnerships and collaborations
- Financial management within the framework of the GENES budget
The delegation is granted to the Director-General of GENES, who will now have the authority to sign agreements, contracts, and other documents on behalf of the ministry.
Benefits of the Delegation
The delegation of signature authority to GENES is expected to bring several benefits:
- Streamlining decision-making: The delegation allows GENES to act more independently and efficiently in its core activities.
- Increased flexibility: GENES will have greater flexibility to establish partnerships and undertake new initiatives without requiring the approval of the ministry at every stage.
- Enhanced coordination: The delegation fosters closer coordination between GENES and the Ministry of Economy, ensuring that the educational and research activities of GENES align with the broader economic policies of the government.
Conclusion
The delegation of signature authority to GENES is a testament to the growing importance of data science and applied economics in modern society. It empowers GENES to play a more active role in shaping economic policy and providing essential training and research for the next generation of economists and statisticians.
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