It is responsible for planning and implementing the Government's overall economic policy, as well as setting targets for fiscal policy, preparing the draft State Budget and monitoring implementation of the approved budget.

The ministry also manages state revenues, collects direct and indirect taxes and promotes nonresident investments.

The ministry regulates the state owned companies sector and the capital market, savings and insurance.

The permanent staff of the ministry include the Director General, the department directors responsible for the Budget Department, the Accountant General, the Wage and Labor Agreements Department and the accreditation units (the Tax Authority, the Government Companies Authority, the Capital Market, Insurance, and Savings Authority and the Governmental Printer).

The units of the Ministry of Finance may be categorized by the three types of service they provide: