Ministry of Finance
Ministry of Finance | |
---|---|
Formed | 18 February 1836 |
Central Office |
Treasury Building 2-4 East Mall Kingsbury, CENT |
Employees | 350 |
Annual budget | £3.12 million |
Senior administration | |
Minister of State | Paul Richardson |
Permanent Secretary | Julianne Simmons |
Directorates | |
Budgetary Services General Financial and Economic Policy Overseas Economic Relations Revenue, Loans, and Investment | |
Executive agencies | |
Office of the Paymaster-General Office of the Receiver-General |
The Ministry of Finance is the government ministry responsible for the supervision of all public funds in New Ingrea, including the raising of loans and the collection of revenue and disbursement of funds appropriated by Parliament. The Ministry is responsible for advising the Minister of State for Finance on general financial and economic policy.
Responsibilities
The ministry is responsible for the supervision of the financial business of government, as well as the wider economic health of the nation. The ministry, as a whole, has a broad ambit of responsibilities taking in matters such as taxation, macroeconomic policy, government spending, and the protection and regulation of the market.
Senior administration
Ministers
The Ministry of Finance is headed by a Minister of State, who is supported by three Deputy Ministers and a Parliamentary Secretary, all of whom are supported a large body of civil servants assigned to them to manage the ministers office and ministry.
Office | Name | Term | ||
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Minister of State for Finance | The Rt Hon. Paul Richardson MHA | 2012-present | ||
Assistant Minister for Finance Receiver-General of New Ingrea |
Senator Robert Harper | 2012-present | ||
Deputy Minister for Crown Corporations | Samantha Worthington MHA | 2012-present | ||
Paymaster-General of New Ingrea Deputy Minister for the Treasury |
David Levine MHA | 2012-present | ||
Parliamentary Secretary to the Minister of State for Finance | Gary O'Connor MHA | 2012-present |
Permenant Secretary and other senior officials
Office | Name |
---|---|
Permanent Secretary of State | Julianne Simmons |
Chief Operations Officer Director-General for Corporate Services |
Peter Darling |
Directorates and executive agencies
Directorates
The ministry has five directorates:
Corporate Services Directorate
As with all other ministries in the Government of New Ingrea, the Ministry of Finance has a Corporate Services Directorate. The Directorate is responsible for those 'back-end' activities that involve the delivery of enterprise-wide support services to all policy directorates and executive agencies. The aim of the directorate is to provide quality client service based on the principles of specialised knowledge, best practices, and superior technology solutions, to serve the internal customer base of the Ministry, and certain circumstances some or all of the Ministry's business partners. The directorate is divided into five 'branches', which provide specific support for a particular area of expertise, these being Estates Management, Finance, Information Technology, Personnel Services, and Procurement. The Corporate Services Directorate is headed by a Chief Operations Officer, with the rank of Permanent Under-Secretary of State, who in turn reports personally to the Permanent Secretary of State and the Minister.