Areas of expertise
As a Government organisation, the Ministry of Finance is responsible for pursuing economic policy that fosters stable and sustainable economic growth, ensuring prudently managed central government finances and sustainability in local government finances and advocating effectiveness and encouraging high performance in public administration.
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Government economic policy is prepared and implemented by the Ministry of Finance.
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The Ministry of Finance monitors economic developments and forecasts and assesses economic development in Finland and elsewhere.
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The Ministry of Finance prepares tax legislation and provides guidelines for the Tax Administration and Finnish Customs.
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The Financial Markets Department of the Ministry of Finance creates the rules for financial markets and strengthens the framework in which the markets can operate.
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In English: Valtiovarainministeriö valmistelee julkisen hallinnon kehittämisen yleiset periaatteet poliittiseen päätöksentekoon.
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The Ministry of Finance is responsible for developing legislation and administration that generally relates to the local authorities.
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The Ministry of Finance monitors the activities and finances of wellbeing services counties in general and ensures that their self-governing status is taken into account whenever legislation concerning the counties is drafted.
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The Ministry of Finance steers the development of information management in both central and local government.
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The Personnel and Governance Policy Department of the Ministry of Finance acts as the Office for the Government as Employer (VTML).