Federal Ministry Of Finance (Germany)
The Federal Ministry of Finance (German: Bundesministerium der Finanzen), abbreviated BMF, is a cabinet-level ministry of the Federal Republic of Germany. The Ministry is the supreme federal authority in revenue administration and governs a number of subordinate federal, intermediate, and local authorities such as the Federal Centre for Data Processing and Information Technology (ZIVIT). The Ministry’s wider portfolio includes public-law agencies and corporations such as the Federal Finance Regulator (BaFin) and Real Estate regulatory bodies. The finance minister is the only cabinet minister who can veto a decision of the government if it would lead to additional expenditure. The current minister of finance is Wolfgang Schäuble, of the CDU.
Read more about Federal Ministry Of Finance (Germany): History, Structure and Function, Subordinate Agencies
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