Ministry of Finance (Norway)

Last updated
Main entrance to the ministry Finansdepartementet forfra.jpg
Main entrance to the ministry

The Royal Norwegian Ministry of Finance (Norwegian: Finansdepartementet) is a Norwegian ministry established in 1814. The ministry is responsible for state finance, including the state budget, taxation and economic policy in Norway. It is led by Jan Tore Sanner (Conservative Party). [1] The department must report to the Parliament of Norway.

Contents

Organization

The ministry is divided into the following sections:

Subsidiaries

The following government agencies are subordinate to the ministry: [2]

The ministry also owns 19.1% of the Nordic Investment Bank

See also

Related Research Articles

Finance minister position in the government responsible for economic and financial policies

A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.

Ministry of Finance of the Peoples Republic of China Chinese government agency managing finance

The Ministry of Financeof the People's Republic of China is the cabinet-level executive department of the State Council which administers macroeconomic policies and the annual budget. It also handles fiscal policy, economic regulations and government expenditure for the state.

Treasurer of Australia

The Treasurer of Australia is a high ranking official and senior minister of the Crown in the Government of Australia who is the head of the Ministry of the Treasury which is responsible for government expenditure and for collecting revenue. The Treasurer plays a key role in the economic policy of the government. The current Australian Treasurer is Josh Frydenberg whose term began on 24 August 2018.

Federal Ministry of Finance (Germany) Federal ministry of the Federal Republic of Germany

The Federal Ministry of Finance, abbreviated BMF, is the cabinet-level finance ministry of Germany, with its seat at the Detlev-Rohwedder-Haus in Berlin and a secondary office in Bonn. The current Federal Minister of Finance is Olaf Scholz (SPD).

Government of Pakistan National government

The Government of Pakistan abbreviated as GoP, is a federal government established by the Constitution of Pakistan as a constituted governing authority of the four provinces, two autonomous territories, and one federal territory of a parliamentary democratic republic, constitutionally called the Islamic Republic of Pakistan.

Department of Finance (Philippines)

The Department of Finance is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public sector debt, and the rationalization, privatization and public accountability of corporations and assets owned, controlled or acquired by the government.

Ministry of Finance (Netherlands)

The Ministry of Finance is the Dutch Ministry responsible for economic policy, monetary policy, fiscal policy, tax policy, incomes policy, financial regulation, the government budget and the financial market. The Ministry was created in 1798 as the Department of Finance of the Batavian Republic. It became the Ministry of Finance in 1876. The Minister of Finance is the head of the Ministry and a member of the Cabinet of the Netherlands. The current Minister is Wopke Hoekstra.

The Ministry of Finance is a Swedish government ministry responsible for matters relating to economic policy, the central government budget, taxes, banking, security and insurance, international economic work, central, regional and local government.

Ministry of Finance (India)

The Ministry of Finance is a ministry within the Government of India concerned with the economy of India, serving as the Indian Treasury Department. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget.

Ministry of Finance (Soviet Union) Soviet Union government department

The Ministry of Finance of the Union of Soviet Socialist Republics (USSR), formed on 15 March 1946, was one of the most important government offices in the Soviet Union. Until 1946 it was known as the People's Commissariat for Finance. Narkomfin, at the all-Union level, was established on 6 July 1923 after the signing of the Treaty on the Creation of the USSR, and was based upon the People's Commissariat for Finance of the Russian Soviet Federative Socialist Republic (RSFSR) formed in 1917. The Ministry was led by the Minister of Finance, prior to 1946 a Commissar, who was nominated by the Chairman of the Council of Ministers and then confirmed by the Presidium of the Supreme Soviet. The minister was a member of the Council of Ministers.

Ministry of Finance, Planning and Economic Development (Uganda)

The Ministry of Finance, Planning and Economic Development (MoFPED) is a cabinet-level government ministry of Uganda. Its mandate is to formulate sound economic and fiscal policies, mobilize resources for the implementation of government programmes, disburse public resources as appropriated by Parliament, and account for their use in accordance with national laws and international best practices. The cabinet minister of finance is Matia Kasaija. MoFPED was created by the 1995 Constitution of Uganda and derives its power from the Constitution and related acts of parliament, including the 2001 Budget Act and the 2003 Public Finance and Accountability Act.

Ministry of Finance (Russia)

Ministry of Finance of the Russian Federation is a federal ministry, responsible for general financial policy and for general management in the field of finance of the Russian Federation. The ministry has two predecessors, the most notable one being the Ministry of Finance who is itself the successor of the Ministry of Finance of the Russian Empire. The agency has its headquarters in Ilinka Street 9. in Moscow.

Ministry of Finance (Egypt)

The Ministry of Finance of Egypt is part of the Cabinet of Egypt. It is responsible for increasing the rate of economic growth and job creation, thus contributing to raising the standard of living of the individual and society as a whole. The current minister is Mohamed Maait. It is located in Ministry of Finance Towers, Nasr City.

Ministry of Finance (Azerbaijan)

The Ministry of Finance of Azerbaijan Republic is a governmental agency within the Cabinet of Azerbaijan in charge of regulating the financial sector in Azerbaijan Republic. The ministry is headed by Samir Sharifov.

Ministry of Finance (Ukraine)

The Ministry of Finance of Ukraine is a central executive agency in Ukraine charged with developing and implementing national financial and budget policies, and with defining national policies in customs and taxation. The ministry is responsible for ensuring that the state has enough resources to perform its functions and that financial policies promote economic growth.

Ministry of Finance (Malaysia) National ministry of finance

The Ministry of Finance, abbreviated MOF, is a ministry of the Government of Malaysia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the Malaysian federal budget. The Ministry of Finance also oversees financial legislation and regulation. Each year in October, the Minister of Finance presents the Malaysian federal budget to the Parliament.

Executive branch of the government of Puerto Rico Chief executive body of Puerto Rico

The executive branch of the government of Puerto Rico is responsible for executing the laws of Puerto Rico, as well as causing them to be executed. Article IV of the Constitution of Puerto Rico vests the executive power on the Governor—whom by its nature forms the executive branch.

Ministry of Finance (Somalia)

The Ministry of Finance, abbreviated MOF, is a ministry of the Government of Somalia that is charged with the responsibility for government expenditure and revenue raising. The ministry's role is to develop economic policy and prepare the federal budget. The Ministry of Finance also oversees financial legislation and regulation. Each year in October, the Minister of Finance presents the Somali federal budget to the Parliament.

Ministry of Finance (Indonesia) Indonesian ministry

The Ministry of Finance is an Indonesian government ministry responsible for the nation's finance and state assets. The Finance Minister is responsible to the President. The ministry's motto is Nagara Dana Rakça, which means "guardian of state finance".

Ministry of Finance (Spain)

The Ministry of Finance or Ministry of Treasury (MH) is the department of the Government of Spain responsible for planning and carrying out the government policy on public finance and budget and it applies and manages the regional and local financing systems and the provision of information on the economic-financial activity of the different Public Administrations.

References

  1. "Ministry of Finance". Government.no. Ministry of Finance. 2018-10-19. Retrieved 2021-08-16.
  2. Norwegian Ministry of Finance. "Management of Subordinate Agencies" . Retrieved 2007-06-27.