World Library  
Flag as Inappropriate
Email this Article

Minister of Finance (France)

Article Id: WHEBN0001709688
Reproduction Date:

Title: Minister of Finance (France)  
Author: World Heritage Encyclopedia
Language: English
Subject: Christian Pineau, Edgar Faure, Reserve currency, Maurice Rouvier, Antoine Pinay, Raymond Poincaré, Laurent Fabius, Agence France-Presse, Nicolas Sarkozy, BNP Paribas
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Minister of Finance (France)

Coordinates: 48°50′21″N 2°22′33″E / 48.83917°N 2.37583°E / 48.83917; 2.37583

The Minister of the Economy, Finances and Industry (Ministère de l'Économie, des Finances et de l'Industrie ; French pronunciation: ​[mi.nis'tɛʁ.d(ə).le.kɔ.nɔ'mi.de.fi'nɑ̃s.e.d(ə).lɛ̃.dys'tʁi]), called the Minister of Finance for short, is one of the most prominent positions in the cabinet of France after the Prime Minister.

It now has a colleague of equal rank: the Minister for the Budget, Public Accounts, the Civil Service and State Reform (Ministre du budget, des comptes publics, de la fonction publique et de la réforme de l'État). This ministry is responsible for the government real estate strategy through Service France Domaine.

The exact title of the minister has changed over time, and has included the terms "economy", "industry", "finances", or "employment" though history. The current title for the position has been in effect since 2010.

Responsibilities

The Minister of Finance oversees:

  • the drafting of laws on taxation by exercising direct authority over the Tax Policy Board (Direction de la législation fiscale) of the Department of Revenue (fr:Direction générale des impôts);
  • national funds and financial and economic system, especially with the Office of the Treasurer and Receiver General (Direction générale du Trésor et de la politique économique), not to be confused with the Public Treasury (Trésor Public), that is the Office of the Comptroller-General (Direction générale de la comptabilité publique) under the authority of the Minister of Budget);
  • the development, regulation and control of economy including industry, tourism, small business, competition, and consumer security, and other matters excluding energy, industrial security, environmental affairs and transportations which are under the authority of the Ministre d’Etat, Minister for Ecology and Sustainable Planning and Development;
  • employment policies and career education.

By her authority above the financial assets of the State, the financial and economic national system and the taxation rules, the Minister is allowed to represent France in the European Union council of the minister of the Economy and Finance (ECOFIN).

See: http://www.minefi.gouv.fr/directions_services/sircom/ministere/organigramme_minefe.htm

The current Minister for the Economy, Industry and Employment is Pierre Moscovici.

The Junior Minister for the Budget at the Ministry of the Economy, Finance, and External Trade

The Minister for the Budget, Public Accounts, the Civil Service and State Reform supervises:

  • the preparation of the finance law (budget) (with the help of his colleague Minister for the Economy, Industry and Employment in taxation ruling matters, he requires the Board for Tax Policy of the Direction générale des impôts), which is then submitted to Parliament for amendment and final approval;
  • the taxation system :
  • the accounting of the State and all public bodies (by the Direction générale de la comptablilité publique).

See: http://www.budget.gouv.fr/

The French taxation system is supervised by three separate board:

The taxation information system are being modernised by the so-called Copernic tax project.

By delegation of the Prime Minister, he supervises also the Public Services (essentially statutes and salaries of the State, local and hospital Public Services) and the modernisation of the State (including computing means).

He is responsible with their colleagues for Health, Youth and Sport and for Labour, Labour Relations and Solidarity of the equilibrium of social accounts.

See: http://www.minefi.gouv.fr/directions_services/sircom/ministere/organigramme_mbcpfp.htm

The current Junior Minister for the Budget at the Ministry of the Economy, Finance, and External Trade is Bernard Cazeneuve.

Location

The Ministry of Finance is situated in Bercy, in the 12th arrondissement of Paris. The building extends to the Seine River, where there is an embarcadero with fast river boats for faster liaisons to other government agencies.

That is why the French media often refer to it as simply "Bercy". The sentence the Bercy Fortress (la forteresse de Bercy) refers to the Ministry as a dark department with obtuse civil servants, especially of high rank. That is emphasized by the impressive look of the building.

For evident practical reasons, the two ministers share the building and some common services that were under the former ministry of Economy, Finances and Industry.

See also

France portal
Economy portal

External links

  • Composition of Government
  • Common site of the two ministries
  • The French taxation site
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.