Ministry of Finance (Netherlands)

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Ministry of Finance
Ministerie van Financiën
Royal coat of arms of the Netherlands.svg
Coat of arms of the Netherlands
Ministerie van Financiën wintertuin.JPG
Ministry of Finance
Department overview
Formed March 12, 1798; 216 years ago (1798-03-12)
Jurisdiction Kingdom of the Netherlands
Headquarters Korte Voorhout 7, The Hague, Netherlands
Employees 1,500
Annual budget €11,7 billion (2013)[1]
Minister responsible Jeroen Dijsselbloem, Minister of Finance
Deputy Minister responsible Eric Wiebes, State Secretary for Finance
Website Ministry of Finance

The Ministry of Finance (Dutch: Ministerie van Financiën; Fin) is the Dutch Ministry responsible for Finance, Taxation, Financial economic policy and supervision of the Financial markets. The Ministry was created in 1798 as the Department of Finance and in 1876 became the Ministry of Finance. The Ministry is headed by the Minister of Finance, currently Jeroen Dijsselbloem.

Azure, billetty Or a lion with a coronet Or armed and langued Gules holding in his dexter paw a sword Argent hilted Or and in the sinister paw seven arrows Argent pointed and bound together Or. [The seven arrows stand for the seven provinces of the Union of Utrecht.] The shield is crowned with the (Dutch) royal crown and supported by two lions Or armed and langued gules. They stand on a scroll Azure with the text (Or) "Je Maintiendrai" (French for "I will maintain".)
This article is part of a series on the
politics and government of
the Netherlands

History[edit]

The ministry was founded in 1798. In the early history of the ministry, the Prime Minister often served as Minister of Finance. Pieter Philip van Bosse served as Minister of Finance five times. Since 1965 a State Secretary has been appointed each formation with responsibility for taxation. The most recent Prime Minister to serve as his own Minister of Finance was Jelle Zijlstra (1966–67).

Responsibilities[edit]

The ministry has the duty to "guard the treasury and aim for a financially sound and prosperous state of the Netherlands.

  • It is responsible for the income and expenditure of the Kingdom of the Netherlands.
  • It collects the taxes and develops fiscal legislation.
  • It seeks to expend the budget of the government responsibly, efficiently and effectively.
  • It is also responsible for financial-economic policy.
  • It supervises the financial markets, banks and financial transfers.

Organisation[edit]

The ministry is currently headed by one ministers and one State Secretary. The ministry's main office is located in the centre of The Hague at the Korte Voorhou]. It employs almost 1,500 civil servants. The civil service is headed by a secretary general and a deputy secretary general, who head a system of four directorates general:

  • General Thesaury (financial economic policy)
  • Directorate General for the Budget
  • Directorate General for Fiscal Affairs
  • Directorate General for Taxation

It is also responsible for several decentralized services:

The ministry also owns most of the shares the Dutch government owns, which are all nationalized companies. These include

It also responsible for overseeing the independent government financial regulatory agency:

List of Ministers of Finance[edit]

For full list, see List of Ministers of Finance of the Netherlands. (Dutch)

Minister of Finance Term of office Party Prime Minister
(Cabinet)
Note(s)
Gerardus Huysmans Gerardus Huysmans February 23, 1945 –
June 24, 1945
Roman-Catholic State Party Pieter Sjoerds Gerbrandy
(Gerbrandy III)
Piet Lieftinck Piet Lieftinck June 24, 1945 –
July 1, 1952
Labour Party Wim Schermerhorn
(Schermerhorn-Drees)
Louis Beel
(Beel I)
Willem Drees
(Drees-Van SchaikDrees I)
Resigned
Willem Drees Willem Drees July 1, 1952 –
September 2, 1952
Labour Party Willem Drees
(Drees I)
Ad interim
Prime Minister
Johan van de Kieft Johan van de Kieft September 2, 1952 –
October 13, 1956
Labour Party Willem Drees
(Drees II)
Henk Hofstra Henk Hofstra October 13, 1956 –
December 22, 1958
Labour Party Willem Drees
(Drees III)
Resigned
Jelle Zijlstra Jelle Zijlstra December 22, 1958 –
July 24, 1963
Anti Revolutionary Party Louis Beel
(Beel II)
Jan de Quay
(De Quay)
Dual serving Minister of Economic Affairs
(December 22, 1958 - May 19, 1959)
Johan Witteveen Johan Witteveen July 24, 1963 –
April 14, 1965
People's Party for Freedom and Democracy Victor Marijnen
(Marijnen)
Anne Vondeling Anne Vondeling April 14, 1965 –
November 22, 1966
Labour Party Jo Cals
(Cals)
Deputy Prime Minister
Jelle Zijlstra Jelle Zijlstra November 22, 1966 –
April 5, 1967
Anti Revolutionary Party Jelle Zijlstra
(Zijlstra)
Prime Minister
Johan Witteveen Johan Witteveen April 5, 1967 –
July 6, 1971
People's Party for Freedom and Democracy Piet de Jong
(De Jong)
Deputy Prime Minister
Roelof Nelissen Roelof Nelissen July 6, 1971 –
May 11, 1973
Catholic People's Party Barend Biesheuvel
(Biesheuvel III)
Deputy Prime Minister
Wim Duisenberg Wim Duisenberg May 11, 1973 –
December 19, 1977
Labour Party Joop den Uyl
(Den Uyl)
Frans Andriessen Frans Andriessen December 19, 1977 –
February 22, 1980
Catholic People's Party Dries van Agt
(Van Agt I)
Resigned
Gijs van Aardenne Gijs van Aardenne February 22, 1980 –
March 5, 1980
People's Party for Freedom and Democracy Ad interim
Deputy Prime Minister and
Minister of Economic Affairs
Fons van der Stee Fons van der Stee March 5, 1980 –
November 4, 1982
Catholic People's Party
merged into
Christian Democratic Appeal
in 1980
Dries van Agt
(Van Agt IIIIII)
Onno Ruding Onno Ruding November 4, 1982 –
November 7, 1989
Christian Democratic Appeal Ruud Lubbers
(Lubbers III)
Wim Kok Wim Kok November 7, 1989 –
August 22, 1994
Labour Party Ruud Lubbers
(Lubbers III)
Deputy Prime Minister
Gerrit Zalm Gerrit Zalm August 22, 1994 –
July 22, 2002
People's Party for Freedom and Democracy Wim Kok
(Kok III)
Hans Hoogervorst Hans Hoogervorst July 22, 2002 –
May 27, 2003
People's Party for Freedom and Democracy Jan Peter Balkenende
(Balkenende I)
Dual serving Minister of Economic Affairs
(October 16, 2002 – May 27, 2003)
Gerrit Zalm Gerrit Zalm May 27, 2003 –
February 22, 2007
People's Party for Freedom and Democracy Jan Peter Balkenende
(Balkenende IIIII)
Deputy Prime Minister
Ad interim Minister of Economic Affairs
(July 3, 2006 – July 7, 2006)
Wouter Bos Wouter Bos February 22, 2007 –
February 23, 2010
Labour Party Jan Peter Balkenende
(Balkenende IV)
Deputy Prime Minister
Resigned
Jan Kees de Jager Jan Kees de Jager February 23, 2010 –
November 5, 2012
Christian Democratic Appeal Jan Peter Balkenende
(Balkenende IV)
Mark Rutte
(Rutte I)
Jeroen Dijsselbloem Jeroen Dijsselbloem November 5, 2012 – Labour Party Mark Rutte
(Rutte II)

Living former Ministers of Finance[edit]

Minister of Finance Term Age
Johan Witteveen 1963-1965, 1967-1971 (1921-06-12) June 12, 1921 (age 93)
Roelof Nelissen 1971-1973 (1931-04-04) April 4, 1931 (age 83)
Frans Andriessen 1977-1980 (1929-04-02) April 2, 1929 (age 85)
Onno Ruding 1982-1989 (1939-08-15) August 15, 1939 (age 75)
Wim Kok 1989-1994 (1938-09-29) September 29, 1938 (age 76)
Gerrit Zalm 1994-2002, 2003-2007 (1952-05-06) May 6, 1952 (age 62)
Hans Hoogervorst 2002-2003 (1956-04-19) April 19, 1956 (age 58)
Wouter Bos 2007–2010 (1963-07-14) July 14, 1963 (age 51)
Jan Kees de Jager 2010-2012 (1969-02-10) February 10, 1969 (age 45)
Jeroen Dijsselbloem 2012- (1966-03-29) March 29, 1966 (age 48)

References[edit]

  1. ^ (Dutch) IX Financiën en Nationale Schuld, Rijksoverheid, September 18, 2012

External links[edit]