Ministry of Finance (North Korea)

Ministry of Finance
재정성
Agency overview
FormedSeptember 1948
Jurisdiction North Korea
HeadquartersPyongyang
Agency executive
  • Ri Myong Guk, Minister
Parent agencyCabinet of North Korea
Korean name
Hangul
재정성
Hanja
財政省
RRJaejeongseong
MRChaejŏngsŏng

The Ministry of Finance (Korean재정성) is a government ministry in North Korea which is responsible for planning and managing the economic policies of the Democratic People's Republic of Korea. It deliberates the budget, establishes tax and economy policies, establishes fiscal policies and national financial management plans, organizes budgets, and discusses plans for fund management. It is a department in charge of coordination, budget and fund execution and management. It was formed in September 1948.