About the Ministry of Finance

The Ministry of Finance performs public administration tasks related with:

  • the state budget
  • determination of consolidated balance of public revenues and public expenditures;
  • the system and policy of taxes, fees and other public revenues; the policy of public expenditures;
  • management of available public finances of the Republic of Serbia;
  • public debt and financial assets of the Republic of Serbia;
  • public procurement;
  • macroeconomic and fiscal analysis, quantification of measures of economic policy;
  • foreign currency exchange system and foreing loan relations;
  • monitoring implementation of regulations related with foreign trade in goods and services and business activities abroad from the aspect of currency exchange operations and foreign loan relations and other tasks of the foreign exchange inspectorate, in line with the law;
  • system of financial relations with other countries and international financing organizations;
  • preparation, signing and application of international treaties on avoidance of double taxation;
  • customs system, customs tariffs, non-tariff barriers and free zones;
  • basics of the system of social insurance contributions;
  • securing financing for mandatory social insurance;
  • financial effects of the system of determining and computing salaries which are financed from the budget of the Republic of Serbia, territorial autonomy and local self-governments and funds of mandatory social insurance organization;
  • credit and monetary system;
  • banking system;
  • personal and property insurance;
  • aligning activities in the area of planning, obtaining and using donations, EU funds and other foreign development assistance;
  • system of payments and payment operations;
  • securities and capital market;
  • accounting and audit system of accounting statements; bookkeeping;
  • privatization and rehabilitation of banks and other financial organizations;
  • notification of the Republic of Serbia claims in bankruptcy procedures;
  • protection of Republic of Serbia assets abroad;
  • realization of alimony claims from abroad; expropriation;
  • property and other real rights;
  • real estate regime and trade;
  • double ownership of estates;
  • implementation of succession treaties;
  • providing legal aid in relation to foreign nationalized property compensated under international agreements;
  • prevention of money laundering;
  • games of chance;
  • budget control and auditing of direct and indirect users of the Republic of Serbia budget, territorial autonomy and local self-governments and mandatory social insurance organizations and public enterprises;
  • administrative supervision in property transactions;
  • fiscal monopolies, second instance administrative and misdemeanor proceedings within the purview of the Ministry, in accordance with the law;
  • provision of solidarity funds, and other tasks stipulated by law.

Within its scope of activities, the Ministry also establishes and promotes international cooperation and provides for alignment of regulations with acquis communautaire of European Union.