talousministeriön

Talousministeriö, in Finnish commonly used to refer to the Ministry of Finance, is a central government ministry in Finland. Its official name in Finnish is Valtiovarainministeriö, and in English it is usually translated as the Ministry of Finance. The ministry is responsible for the stewardship of public finances and for economic policy, including the preparation and execution of the state budget and fiscal policy, as well as the supervision of the government's financial administration.

Its duties include preparing the state budget and tax policy, managing public debt, and monitoring macroeconomic development. It works to ensure fiscal sustainability, supports economic growth and competitiveness, and coordinates economic and financial policy with other government sectors and with the European Union and international institutions. The ministry also oversees aspects of financial regulation and state ownership of enterprises, depending on the government's framework.

Organization and leadership: The ministry is led by the Minister of Finance, a member of the Finnish Government. The top civil servant is the Permanent Secretary. The ministry is organized into divisions responsible for budgeting, economy and forecasting, tax policy, public finances and debt management, and international and legal affairs, along with supporting services such as legal, communications, and administration.

History and context: The ministry has played a central role in Finland's fiscal and economic policy since the early formation of the modern state. Its remit has evolved with Finland's integration into the European Union and its changing economic strategy, but its core objective remains ensuring sustainable public finances and a sound economic framework for government action.