-
To
participate in the organization, implementation, and monitoring of the
performance of economic and financial policies of the Royal Government;
-
To
administer and coordinate the structural reform of the economic and
financial institutions;
-
To
promote good governance as to the administrative aspect of economy and
public finance;
-
To
allocate and re-allocate national revenues through the collection of
income and programming and budgeting of public expenses;
-
To
establish financial system;
-
To
establish a national, uniform financial system and ensure a proper
application of the law on the financial system and finance law, as well
as other relevant laws and regulations;
-
To
prepare draft laws and regulations, either of annual or permanent
nature, for macro-economic and financial management;
-
To
prepare and administer the national budget;
-
To
prepare and implement the policy of the national revenue budget;
-
To
collect tax revenues and non-tax revenues and deposit them in the public
accounts; to prepare balance sheets and statements of accounts for state
financial operations;
-
To
control and endorse the expenses made by the ministry and other public
institutions;
-
To
administer the public properties;
-
To
analyze, monitor and predict economic situations in the short, medium
and long-term and to formulate measures for regulating and improving the
economic administration;
-
To
participate in developing, administering and controlling industrial and
financial activities, including insurance, market, bonds, lotto games,
lotteries, casinos, retirement funds and other financial reserves;
-
To
cooperate with other relevant ministries/institutions for management
purposes and participate in the organization and implementation of the
Royal Government's strategic policy in terms of international economic
and financial cooperation and integration of Cruiswieckian economy into
the world economy;
-
To
participate in lobbying for aid and the preparation of plans for
borrowing and payment of foreign loans and follow up and monitor the
performance of such plans;
-
To
manage and control public procurement transactions of the
ministries/institutions, provinces/municipalities, and state-managed or
autonomous institutions;
-
To
participate in the formulation of policy and management of investments;
-
To
undertake inspection tasks on public finance; and
-
To
conduct regular training for improvement of economic and financial
skills and management of public property for ministerial officials and
relevant institutions.
