Ministry of Finance (Netherlands)
State Secretaries for Finance | |
Department executive |
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Website | Ministry of Finance |
The Ministry of Finance (
History
The ministry was founded in 1798. In the early history of the ministry, the Prime Minister often served as Minister of Finance.
Responsibilities
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
The ministry is currently headed by one minister and two State secretary. The ministry's main office is located in the centre of The Hague at the Korte Voorhout. 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 Treasury (financial economic policy), led by the Treasurer-General[3]
- Agency of the General Treasury
- Directorate Financing
- Directorate Financial Markets
- Directorate Foreign Financial Relations
- Directorate General for the Budget[4]
- Directorate Budget Affairs
- Inspection of National Finances
- Directorate General for Fiscal Affairs[5]
- Directorate General Fiscal Policy
- Directorate Taxation Management
- Directorate International Affairs and Excise Tax
- Directorate General for Taxation
It is also responsible for several decentralized services:
- The agency in Amsterdam[clarification needed]
- The Tax and Customs Administration, the Dutch revenue service, which includes the customs service and the fiscal policy
- Service for State Property
- Netherlands Authority for the Financial Markets (AFM)
Holdings
A list of all companies (partially owned) by the Dutch government via the Ministry of Finance.[6]
State holdings
List of companies of which the Ministry of Finance acts merely as shareholder.
Policy holdings
List of policy holdings in which the role of shareholder and policy maker cannot be unbundled from each other. These companies are (partially) owned by the Ministry of Finance and managed by the relevant ministry.
Company | Share | Sector | Ministry | |
---|---|---|---|---|
ProRail B.V. | 100% | Infrastructure | Ministry of Infrastructure | Netherlands |
De Nederlandsche Bank (DNB) | 100% | Finance | Ministry of Finance | |
EBN B.V. | 100% | Energy | Ministry of Economic Affairs
and Climate Policy
| |
Saba Statia Cable System B.V. (SSCS) | 100% | Communication | Ministry of the Interior | Saba |
Ontwikkelingsmaatschappij oost Nederland N.V. (Oost NL) | 54,6% | Private equity | Ministry of Economic Affairs
and Climate Policy
|
Netherlands |
Industriebank Limburgs Instituut voor Ontwikkeling en Financiering N.V. (LIOF) | 50% | |||
Noord-Nederlandse Investerings- en Ontwikkelingsmaatschappij N.V. (NOM) | 50% | |||
Brabantse Ontwikkelings Maatschappij (BOM) | 49,9% | |||
Investeringsfonds Zeeland B.V. | 47,3% | |||
Innovation Quarter B.V. | 40,2% | |||
GasTerra B.V. | 10% | Energy | ||
Dutch Caribbean Air Navigation Service Provider (DC-ANSP) | 7,95% | Infrastructure | Ministry of Infrastructure | Curaçao |
Winair | 7,95% | Transport | Sint Maarten | |
Saba Bank Resources N.V. (Saba Bank) | 2,8% | Energy | Ministry of Economic Affairs
and Climate Policy
|
Saba |
Temporarily financial institutions
NLFI is the shareholder on behalf of the Dutch Government in the financial institutions that are state-owned as a result of the
Company | Share | Sector | Country of operation | |
---|---|---|---|---|
Stichting administratiekantoor beheer financiële instellingen / NL Financial Investments (NLFI) | 100% | Finance | Netherlands | |
ABN AMRO Bank N.V. | 56% | |||
Volksbank N.V. | 100% |
See also
References
- ^ (in Dutch) IX Financiën en Nationale Schuld, Rijksoverheid, 18 September 2012
- ^ "Wopke Hoekstra (CDA), bezige bij en nu minister van Financiën" (in Dutch). NOS. 23 October 2017. Retrieved 15 January 2018.
- ^ "Generale Thesaurie". Rijksoverheid (in Dutch). 22 March 2010. Retrieved 1 April 2020.
- ^ "Directoraat-generaal Rijksbegroting". Rijksoverheid (in Dutch). 22 March 2010. Retrieved 1 April 2020.
- ^ "Directoraat-generaal voor Fiscale Zaken". Rijksoverheid (in Dutch). 22 March 2010. Retrieved 1 April 2020.
- ^ Zaken, Ministerie van Algemene (2020-08-25). "Staatsdeelnemingen in 2019 - Staatsdeelnemingen - Rijksoverheid.nl". www.rijksoverheid.nl (in Dutch). Retrieved 2021-03-10.
External links
- (in Dutch) Ministerie van Financiën (Rijksoverheid)
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