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Ministry of Finance (Ukraine)

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Jurisdiction
  
Ukraine

Parent agency
  
Cabinet of Ministers

Minister responsible
  
Oleksandr Danylyuk

Website
  
minfin.gov.ua/en/

Ministry of Finance (Ukraine)

Headquarters
  
12/2 Mykhailo Hrushevsky street, Kyiv, 01008

Child agencies
  
State Treasury Service; State Customs Service; State Tax Service; others (see article);

The Ministry of Finance of Ukraine (Ukrainian: Міністерство фінансів України) or "MinFin" (abbreviation, Ukrainian: Мінфін) was established in 1991 following declaration of Independence of Ukraine.

Contents

It is the main body in the system of central government with executive power in realization of state financial, budgetary, taxation, and customs policies as well as the policy in the sphere of state internal financial control, issuing and conducting lotteries, development and production of holographic protective elements. Ministry manages its operation and is fully responsible for its development.

Structure

Aside of the main body of the agency (multiple departments) there are six other special state services subordinated to the minfin:

  • State treasury service
  • State Fiscal Service
  • State service of financial monitoring
  • State financial inspection
  • National assay office known as State Assay Service was liquidated on 10 September 2014, all functions of state control over assay were transferred directly to the Ministry.

    Child agencies

  • Kyiv Offset Factory
  • Assay Control State Offices
  • Recreation site Koncha-Zaspa
  • State gemological center of Ukraine
  • Museum of decorative and precious stones
  • Scientific-researching financial institute
  • State repository of precious metals and stones
  • Administration in exploitation of assets complex
  • Main planning and service center of computer financial technologies
  • Administration Office in International Financial Cooperation projects
  • Main duties

  • Issuing and conducting state lotteries
  • State financial control and accountability
  • State budget financing through its treasury services
  • Organization and control over production of securities
  • Prevention and counteracting to money laundering and financing of terrorism
  • Extraction, production, exploitation, circulation and safekeeping of precious metals
  • Extraction, production, exploitation, circulation and safekeeping of organogenic and semi-precious stones
  • References

    Ministry of Finance (Ukraine) Wikipedia