Minister of the Economy, Finances and Industry (France)

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

the seat of the Minister of Finance at Bercy in Paris

The Minister of the Economy, Finances and Industry (French: Ministre de l'Économie, des Finances et de l'Industrie [ministɛʁ dᵊ lekɔnɔmi defiˈnɑ̃s e dᵊlɛ̃dysˈtʁi]), called the Minister of Finance for short, is one of the most prominent positions in the cabinet of France after the Prime Minister.

The exact title of the minister has changed over time, and has included the terms "economy", "industry", "finances", or "employment" though history. In the period from 2007 to 2011 the Finance Minister had a collegue of equal rank with the title Minister of Budget, Public Accounts, Public Services and Reform of the State (the last title added in 2009).

As of August 2014, the ministry is split between Minister of Finance and Public Accounts Michel Sapin and Minister of Economy, Industry and Digital data Emmanuel Macron.

Responsibilities[edit]

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 Junior Minister for the Budget at the Ministry of the Economy, Finance, and External Trade[edit]

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

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

Location[edit]

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[edit]

External links[edit]