Ministry of Finance (Netherlands)
| Ministerie van Financiën | |
|
Coat of arms of the Netherlands | |
 Ministry of Finance | |
| Department overview | |
|---|---|
| Formed | March 12, 1798 |
| Jurisdiction | Kingdom of the Netherlands |
| Headquarters | Korte Voorhout 7, The Hague, Netherlands |
| Employees | 1,500 |
| Annual budget | €11,7 billion (2013)[1] |
| Minister responsible | Jeroen Dijsselbloem, Minister of Finance |
| Deputy Minister responsible | Eric Wiebes, State Secretary for Finance |
| Website | Ministry of Finance |
The Ministry of Finance (Dutch: Ministerie van Financiën; Fin) is the Dutch Ministry responsible for Finance, Taxation, Financial economic policy and supervision of the Financial markets. The Ministry was created in 1798 as the Department of Finance and in 1876 became the Ministry of Finance. The Ministry is headed by the Minister of Finance, currently Jeroen Dijsselbloem.
![Azure, billetty Or a lion with a coronet Or armed and langued Gules holding in his dexter paw a sword Argent hilted Or and in the sinister paw seven arrows Argent pointed and bound together Or. [The seven arrows stand for the seven provinces of the Union of Utrecht.] The shield is crowned with the (Dutch) royal crown and supported by two lions Or armed and langued gules. They stand on a scroll Azure with the text (Or) "Je Maintiendrai" (French for "I will maintain".)](../I/m/State_coat_of_arms_of_the_Netherlands.svg.png) |
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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 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 (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.
- 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 ministers and one State Secretary. The ministry's main office is located in the centre of The Hague at the Korte Voorhou]. 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 Thesaury (financial economic policy)
- Directorate General for the Budget
- Directorate General for Fiscal Affairs
- Directorate General for Taxation
It is also responsible for several decentralized services:
- The agency in Amsterdam
- The Tax and Customs Administration, the Dutch revenue service, which includes the customs service and the fiscal police
- Service for State Property
The ministry also owns most of the shares the Dutch government owns, which are all nationalized companies. These include
- ABN AMRO Group NV (100%)
- Connexxion Holding NV (33%)
- Centrale Organisatie voor Radio-actief Afval (COVRA) NV (100%)
- De Nederlandsche Bank NV (100%)
- Koninklijke Nederlandse Munt NV (100%)
- NV Nederlandse Gasunie (100%)
- NV Nederlandse Spoorwegen (100%)
- NOB Holding (100%)
- NV Luchthaven Schiphol (75,8%)
- Havenbedrijf Rotterdam (33%)
- Gasterra (voorheen Gasunie T&S) (10%)
- Koninklijke Luchtvaart Maatschappij NV (5,9%)
- SNS Bank NV (100%)
- SNS REAAL NV (100%)
- TenneT (100%)
It also responsible for overseeing the independent government financial regulatory agency:
List of Ministers of Finance
For full list, see List of Ministers of Finance of the Netherlands. (Dutch)
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Living former Ministers of Finance
| Minister of Finance | Term | Age |
|---|---|---|
| Johan Witteveen | 1963-1965, 1967-1971 | June 12, 1921 |
| Roelof Nelissen | 1971-1973 | April 4, 1931 |
| Frans Andriessen | 1977-1980 | April 2, 1929 |
| Onno Ruding | 1982-1989 | August 15, 1939 |
| Wim Kok | 1989-1994 | September 29, 1938 |
| Gerrit Zalm | 1994-2002, 2003-2007 | May 6, 1952 |
| Hans Hoogervorst | 2002-2003 | April 19, 1956 |
| Wouter Bos | 2007–2010 | July 14, 1963 |
| Jan Kees de Jager | 2010-2012 | February 10, 1969 |
| Jeroen Dijsselbloem | 2012- | March 29, 1966 |
References
- ↑ (Dutch) IX Financiën en Nationale Schuld, Rijksoverheid, September 18, 2012
External links
- (Dutch) Ministerie van Financiën (Rijksoverheid)
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