Direction Générale Du Trésor
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Direction Générale Du Trésor
The Direction générale du Trésor (DG Trésor, English language, English: ''Directorate General of the Treasury'', or ''French Treasury'') is the flagship Directorate General of the Ministry of the Economy and Finance (France), French Ministry of the Economy and Finance. It holds an advisory role within the Government of France, French Government on matters ranging from domestic to international economic policy. Its main offices are located in Paris, in the building of Ministry of the Economy and Finance (France), Bercy. The DG Trésor also represents and defends French economic interests abroad by overseeing the economic departments of embassies (French language, French : ''service économique''), and by providing permanent representations at international organizations (International Monetary Fund, IMF, World Bank Group, OECD, World Trade Organization, WTO, G20, Group of Seven, G7, specific comities of the European Commission, etc.). The Direction générale du Trésor should ...
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English Language
English is a West Germanic language of the Indo-European language family, with its earliest forms spoken by the inhabitants of early medieval England. It is named after the Angles, one of the ancient Germanic peoples that migrated to the island of Great Britain. Existing on a dialect continuum with Scots, and then closest related to the Low Saxon and Frisian languages, English is genealogically West Germanic. However, its vocabulary is also distinctively influenced by dialects of France (about 29% of Modern English words) and Latin (also about 29%), plus some grammar and a small amount of core vocabulary influenced by Old Norse (a North Germanic language). Speakers of English are called Anglophones. The earliest forms of English, collectively known as Old English, evolved from a group of West Germanic (Ingvaeonic) dialects brought to Great Britain by Anglo-Saxon settlers in the 5th century and further mutated by Norse-speaking Viking settlers starting in the 8th and 9th ...
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Ministry Of The Economy And Finance (France)
The Ministry of Economics, Finance and Industrial and Digital Sovereignty (french: Ministère de l'Économie, des Finances et de la Souveraineté industrielle et numérique, pronounced ), informally referred to as Bercy, is one of the most important ministries in the Government of France. Its minister is one of the most prominent cabinet members after the prime minister. The name of the ministry has changed over time; it has included the terms "economics", "industry", "finance" and "employment" through history. Responsibilities The Minister of Economics and Finance oversees:(FrenchInformationon the Vie Publique database * the drafting of laws on taxation by exercising direct authority over the Tax Policy Board (''Direction de la législation fiscale'') of the General Directorate of Public Finances (''Direction générale des Finances publiques''), formerly the Department of Revenue (''Direction générale des impôts''); * national funds and financial and economic system, especi ...
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Government Of France
The Government of France ( French: ''Gouvernement français''), officially the Government of the French Republic (''Gouvernement de la République française'' ), exercises executive power in France. It is composed of the Prime Minister, who is the head of government, as well as both senior and junior ministers. The Council of Ministers, the main executive organ of the Government, was established in the Constitution in 1958. Its members meet weekly at the Élysée Palace in Paris. The meetings are presided over by the President of France, the head of state, although the officeholder is not a member of the Government. The Government's most senior ministers are titled as ministers of state (''ministres d'État''), followed in protocol order by ministers (''ministres''), ministers delegate (''ministres délégués''), whereas junior ministers are titled as secretaries of state (''secrétaires d'État''). All members of the Government, who are appointed by the President following ...
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French Language
French ( or ) is a Romance language of the Indo-European family. It descended from the Vulgar Latin of the Roman Empire, as did all Romance languages. French evolved from Gallo-Romance, the Latin spoken in Gaul, and more specifically in Northern Gaul. Its closest relatives are the other langues d'oïl—languages historically spoken in northern France and in southern Belgium, which French ( Francien) largely supplanted. French was also influenced by native Celtic languages of Northern Roman Gaul like Gallia Belgica and by the ( Germanic) Frankish language of the post-Roman Frankish invaders. Today, owing to France's past overseas expansion, there are numerous French-based creole languages, most notably Haitian Creole. A French-speaking person or nation may be referred to as Francophone in both English and French. French is an official language in 29 countries across multiple continents, most of which are members of the ''Organisation internationale de la Francophonie'' ...
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International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ...
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World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C. in the United States. It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.The World Bank, Press release: "World Bank Group Commitments Rise Sharply in FY14 Amid Organizational Change"July 1 2014, http://www.worldbank.org/en/news/press-release/2014/07/01/world-bank-group-commitments-rise-sharply-in-fy14-amid-organizational-change/ref> Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $117 billion. Its five organizations are the International Bank for Reconstruc ...
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OECD
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are high-income economies with a very high Human Development Index (HDI), and are regarded as developed countries. Their collective population is 1.38 billion. , the OECD member countries collectively comprised 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP ( Int$54.2 trillion) at purchasing power parity. The OECD is an official United Nations observer. In April 1948, ...
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World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization that regulates and facilitates international trade. With effective cooperation in the United Nations System, governments use the organization to establish, revise, and enforce the rules that govern international trade. It officially commenced operations on 1 January 1995, pursuant to the 1994 Marrakesh Agreement, thus replacing the General Agreement on Tariffs and Trade (GATT) that had been established in 1948. The WTO is the world's largest international economic organization, with 164 member states representing over 98% of global trade and global GDP. The WTO facilitates trade in goods, services and intellectual property among participating countries by providing a framework for negotiating trade agreements, which usually aim to reduce or eliminate tariffs, quotas, and other restrictions; these agreements are signed by representatives of member governmentsUnderstanding the WTO' Handbook at WTO officia ...
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Group Of Seven
The Group of Seven (G7) is an intergovernmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States; additionally, the European Union (EU) is a "non-enumerated member". It is officially organized around shared values of pluralism and representative government, with members making up world's largest IMF advanced economies and liberal democracies. As of 2020, G7 members account for over half of global net wealth (at over $200 trillion), 32 to 46 percent of global gross domestic product,Depending on whether nominal values or purchasing power parity is used. and 10 percent of the world's population (770 million people). Members are great powers in global affairs and maintain mutually close political, economic, diplomatic, and military relations. Originating from an ''ad hoc'' gathering of finance ministers in 1973, the G7 has since become a formal, high-profile venue for discussing and coordinating solutions to ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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Trésor Public
The Trésor public ( en, Public treasury) is the national administration of the Treasury in France. It is headed by the general directorate of public finances (''Direction générale des finances publiques'') in the Ministry of the Economy, Finance and Industry. The ''Trésor Public'' is responsible for: * the accountancy of the state; * the control and help in the accountancy of public administrations and local governments; * the perception of direct taxes such as the income tax (the computation of those taxes is vested in a separate administration); Until the 2012 reform, the Treasury was headed in each department by the Treasurer-Paymaster General (''Trésorier-Payeur Général''), a high-ranking official. In Paris, the function used to be divided into the Paymaster General of the Treasury (''Payeur Général du Trésor''), and the Receiver General of the Finances (''Receveur Général des Finances''). Each region had its own Treasurer-Paymaster General, the one for the ''dép ...
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Governmental Accounting
Government accounting refers to the process of recording and the management of all financial transactions incurred by the government which includes its income and expenditures. Various governmental accounting systems are used by various public sector entities. In the United States, for instance, there are two levels of government which follow different accounting standards set forth by independent, private sector boards. At the federal level, the Federal Accounting Standards Advisory Board (FASAB) sets forth the accounting standards to follow. Similarly, there is the Governmental Accounting Standards Board (GASB) for state and local level government. Public vs. private accounting Objectives The unique objectives of government accounting do not preclude the use of the double entry accounting system. There can, however, be other significant differences with private sector accounting practices, especially those that are intended to arrive at a net income result. The objectives fo ...
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