finance ministry

State money department

A finance ministry is the government department responsible for managing a nation's public finances—collecting taxes, preparing budgets, regulating financial markets, and setting economic policy.

In the United States, this function belongs to the Treasury Department; in the UK, the Treasury or Exchequer.

The finance ministry announced new austerity measures.

Opposites
government function

finance ministrydefense ministry

Military oversight agency

interior ministry · foreign ministry

economic institution type

finance ministrycentral bank

National currency management institution

Federal Reserve · European Central Bank · Bank of England · reserve bank · federal reserve

economic sector

finance ministryprivate sector

Economy outside government control

private enterprise · free market · commercial banks · private equity · Wall Street

Family

finance, ministry, finances, financed, financing, financial, financially, financier, minister

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G