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Royal Decree 2/2020, of 12 January, restructuring the ministerial departmentsIreki leiho berrian, creates the Ministry of Finance.

Royal Decree 689/2020, of 21 JulyIreki leiho berrian, developing the basic organic structure of the Ministry of Finance and amending Royal Decree 139/2020, of 28 November, establishing the organic structure of the ministerial departments. Article 1 establishes the general organisation of the department.

The department is comprised as follows:

Article 1.1. of Royal Decree 689/2020, of 21 July, states that "the Ministry of Finance is the department of General State Administration responsible for the proposal and execution of government policy in the area of public finance, budgets and expenditure and public companies, in addition to the rest of the competencies and tasks assigned to it by law.

The application and management of regional and local financing systems also fall under the remit of this Ministry, as does the provision of information on the economic-financial activity of the different Public Administrations, along with the strategy, coordination and regulation of public procurement.”


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