, type = Department
, logo = Logo-ministerie-van-financien.png
, logo_width = 250x250px
, logo_caption = Logo of the Ministry of Finance
, image = Ministerie van Financiën wintertuin1.jpg
, image_size = 250x250px
, image_caption = Building of the Ministry of Finance
, formed =
, jurisdiction =
Kingdom of the Netherlands
, national_anthem = )
, image_map = Kingdom of the Netherlands (orthographic projection).svg
, map_width = 250px
, image_map2 = File:KonDerNed-10-10-10.png
, map_caption2 = Map of the four constituent countries shown to scale
, capital = ...
, headquarters = Korte Voorhout 7,
The Hague
The Hague ( ; nl, Den Haag or ) is a city and municipality of the Netherlands, situated on the west coast facing the North Sea. The Hague is the country's administrative centre and its seat of government, and while the official capital of ...
,
Netherlands
)
, anthem = ( en, "William of Nassau")
, image_map =
, map_caption =
, subdivision_type = Sovereign state
, subdivision_name = Kingdom of the Netherlands
, established_title = Before independence
, established_date = Spanish Netherl ...
, employees = 1,500
, budget = €11,7 billion (2013)
, minister1_name =
Sigrid Kaag
Sigrid Agnes Maria Kaag (; born 2 November 1961) is a Dutch diplomat and politician, serving as List of Ministers of Finance of the Netherlands, Minister of Finance and Deputy Prime Minister of the Netherlands, First Deputy Prime Minister in the ...
, minister1_pfo =
Minister of Finance
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.
A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
, minister2_name =
, minister2_pfo =
, deputyminister1_name =
Marnix van Rij
Marnix Leonard Alexander van Rij (; born 25 October 1960) is a Dutch politician. As of 10 January 2022, Van Rij is State of Secretary for Finance in the fourth Rutte cabinet
From 1999 until 2001, he was party chair of the Christian Democrat ...
Aukje de Vries
, deputyminister1_pfo =
State Secretaries for Finance
, chief1_name = Manon Leijten
, chief1_position = Secretary-General
, deputy =
, website
Ministry of Finance
The Ministry of Finance ( nl, Ministerie van Financiën; FIN) is the
Dutch Ministry responsible for
economic policy
The economy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the e ...
,
monetary policy
Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often a ...
,
fiscal policy
In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables ...
,
tax policy
Tax policy includes the guidelines developed by a government regarding how taxes are imposed, in what amounts, and on whom. It has both microeconomic and macroeconomic aspects. The macroeconomic aspect concerns the overall quantity of taxes t ...
,
incomes policy
Incomes policies in economics are economy-wide wage and price controls, most commonly instituted as a response to inflation, and usually seeking to establish wages and prices below free market level.
Incomes policies have often been resorted to ...
,
financial regulation
Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled ...
, the
government budget
A government budget is a document prepared by the government and/or other political entity presenting its anticipated tax revenues (Inheritance tax, income tax, corporation tax, import taxes) and proposed spending/expenditure (Healthcare, Educa ...
and the
financial market
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets ...
. The Ministry was created in 1798 as the Department of Finance of the Batavian Republic. It became the Ministry of Finance in 1876. The
Minister of Finance
A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation.
A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
( nl, Minister van Financiën) is the head of the Ministry and a member of the
Cabinet of the Netherlands
The cabinet of the Netherlands ( nl, Nederlands kabinet) is the main executive body of the Netherlands. The current cabinet of the Netherlands is the Fourth Rutte cabinet, which has been in power since 10 January 2022. It is headed by Prime Minis ...
. The current Minister is
Sigrid Kaag
Sigrid Agnes Maria Kaag (; born 2 November 1961) is a Dutch diplomat and politician, serving as List of Ministers of Finance of the Netherlands, Minister of Finance and Deputy Prime Minister of the Netherlands, First Deputy Prime Minister in the ...
.
History
The ministry was founded in 1798. In the early history of the ministry, the Prime Minister often served as Minister of Finance.
Pieter Philip van Bosse
Pieter Philip van Bosse (16 December 1809 – 21 February 1879) was a Dutch liberal politician. Serving as minister of Finance in six cabinets throughout the middle of the 19th century, Van Bosse led many reforms that liberalised the Dutch ...
served as Minister of Finance five times. Since 1965 a
State Secretary has been appointed each formation with responsibility for taxation. The most recent Prime Minister to serve as his own Minister of Finance was
Jelle Zijlstra
Jelle Zijlstra (; 27 August 1918 – 23 December 2001) was a Dutch politician of the defunct Anti-Revolutionary Party (ARP) now the Christian Democratic Appeal (CDA) party and economist who served as Prime Minister of the Netherlands from 22 No ...
(1966–67).
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
, national_anthem = )
, image_map = Kingdom of the Netherlands (orthographic projection).svg
, map_width = 250px
, image_map2 = File:KonDerNed-10-10-10.png
, map_caption2 = Map of the four constituent countries shown to scale
, capital = ...
.
* 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 market
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets ...
s,
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Because ...
s and financial transfers.
Organisation
The ministry is currently headed by one minister and one
State secretary. The ministry's main office is located in the centre of
The Hague
The Hague ( ; nl, Den Haag or ) is a city and municipality of the Netherlands, situated on the west coast facing the North Sea. The Hague is the country's administrative centre and its seat of government, and while the official capital of ...
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
In the Netherlands the Treasurer-General (Dutch: ''thesaurier-generaal'') is the head of the General Treasury, part of the Ministry of Finance. The holder of the office has a deputy and is a member of the board of directors
A board of director ...
** Agency of the General Treasury
** Directorate Financing
** Directorate Financial Markets
** Directorate Foreign Financial Relations
* Directorate General for the Budget
** Directorate Budget Affairs
** Inspection of National Finances
* Directorate General for Fiscal Affairs
** 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
* The
Tax and Customs Administration
The Tax and Customs Administration ( nl, Belastingdienst, translation=Tax Service) is the tax collection and customs service of the Kingdom of the Netherlands. It is part of the Ministry of Finance and is responsible for levying and collecting tax ...
, the Dutch revenue service, which includes the
customs
Customs is an authority or agency in a country responsible for collecting tariffs and for controlling the flow of goods, including animals, transports, personal effects, and hazardous items, into and out of a country. Traditionally, customs ...
service and the
fiscal policy
In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables ...
* Service for State Property
*
Netherlands Authority for the Financial Markets
The Netherlands Authority for the Financial Markets ( nl, Autoriteit Financiële Markten) is the financial services regulatory authority for the Netherlands. Its role is comparable to the role of the SEC in the United States.
History
The Netherla ...
(AFM)
Holdings
A list of all companies (partially owned) by the Dutch government via the Ministry of Finance.
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.
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
financial crisis
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and man ...
.
See also
*
List of Ministers of Finance of the Netherlands
The Minister of Finance ( nl, Minister van Financiën) is the head of the Ministry of Finance and a member of the Cabinet of the Netherlands. The current Minister of Finance is Sigrid Kaag of the Democrats 66, who has been in office since 10 Jan ...
References
External links
*
Ministerie van Financiën(Rijksoverheid)
{{DEFAULTSORT:Ministry of Finance (Netherlands)
Financial services companies established in 1798
Netherlands
)
, anthem = ( en, "William of Nassau")
, image_map =
, map_caption =
, subdivision_type = Sovereign state
, subdivision_name = Kingdom of the Netherlands
, established_title = Before independence
, established_date = Spanish Netherl ...
Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
Ministries established in 1798
1798 establishments in the Batavian Republic
Finance in the Netherlands