Ministry of Finance (North Korea)

Ministry of Finance
조선민주주의인민공화국 재정성
Agency overview
FormedSeptember 1948
Jurisdiction North Korea
HeadquartersPyongyang
Agency executive
Parent agencyCabinet of North Korea
Ministry of Foreign Affairs of the Democratic People's Republic of Korea
Chosŏn'gŭl
조선민주주의인민공화국 재정성
Hancha
朝鮮民主主義人民共和國 財政省
Revised RomanizationJoseon Minjujuui Inmin Gonghwaguk Jaejeongseong
McCune–ReischauerChosŏn Minjujuŭi Inmin Konghwaguk Chaejŏngsŏng

The Ministry of Finance (Korean조선민주주의인민공화국 재정성) is a government ministry in North Korea which is responsible for planning and managing the economic policies of the Democratic People's Republic of Korea. It deliberates the budget, establishes tax and economy policies, establishes fiscal policies and national financial management plans, organizes budgets, and discusses plans for fund management. It is a department in charge of coordination, budget and fund execution and management. It was formed in September 1948.


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