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Ministry of Finance (Estonia)

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Ministry of Finance
Eesti Vabariigi Rahandusministeerium
Ministry overview
Formed24 February 1918 (1918-02-24)
JurisdictionGovernment of Estonia
HeadquartersSuur-Ameerika 1, 10122 Tallinn, Estonia
Annual budget235.7 mln € EUR (2021)
Ministers responsible
Child agencies
Key document
Websitehttp://www.fin.ee/

The Ministry of Finance is the Estonian government department responsible for the implementation of tax, financial and fiscal policies, and setting economic goals.[1]

Areas of activity of ministry

  • planning and implementation of the state’s fiscal policy;
  • planning tax and customs policy, and maintaining a stable tax system;
  • economic analysis and economic forecast;
  • development of the public service;
  • reviewing applications for permits for aid granted by the state to business (state aid) and advising aid donors;
  • advising suppliers and tenderers on carrying out public procurement and supervising public procurement;[2]
  • collection of national statistics;
  • organising and coordinating the implementation of the government’s internal control system and the professional activities of internal auditors;
  • state accountancy;
  • allocating the state’s financial assets and liabilities, foreign aid and loans granted to the state;
  • coordinating the aid available to Estonia;
  • financial and insurance policy;
  • planning and coordinating the state’s real estate and participation policy.

See also

References

  1. ^ www.rmit.ee, RMIT -. "Ministry – Introduction". www.fin.ee. Retrieved 2016-12-17.
  2. ^ Rahandusministeerium, Public Procurement Policy, accessed 14 June 2018