Ministry Of Economy And Finance Bucharest

General Overview

The Ministry of Economy and Finance has commonly the following responsibilities:

In the field of public finances:

- Suggests long- and medium- term development strategies and reform solutions in the field of public finances;

- Sets up methodologies for the elaboration of state budget projects, state social insurances, special funds and local budget projects;

- Analyzes the way public funds and/or public property are used and/or administered;

- Outline the necessary measures for the management of revenues and the limitation of the expenditures in order to fit into the approved budget deficit.

In the field of economy:

 
-  Outlines long- and medium-term development strategies and reform solutions in the field of economy;

-  Coordinates and controls the implementation of the economic laws;
-  Formulates and promotes bills concerning the regulation of the activities in the field of economy and approves the bills submitted by other specialist organs of the central public administration.