The Treasury Department

The Treasury Department provides technical support in the formulation and implementation of the Government’s economic and financial policy choices, at both national and international level.

It develops macroeconomic strategies and drafts key economic planning documents; it represents Government in the main economic and financial settings, European and international; it is responsible for managing borrowing requirement and the State’s financial interventions, for managing and developing the State’s assets; it fulfils supervisory and regulatory functions over the banking and financial systems as well as operating for the prevention of financial offences and fraud on means of payment.

The Treasury Department is headed by the Treasury’s Director General, appointed by the Government upon advice of the Economy and Finance Minister.

The present organizational structure is the result of considerable evolution of law which over the years has thoroughly changed the original set-up: following the amalgamation of the Ministry of the Treasury with the Ministry of Budget and Economic Planning, provided by Legislative Decree 430/1997, competencies have been re-assigned to homogeneous job areas and the Treasury’s Directorate General, whose areas of responsibility have over time become increasingly strategic and diversified, has acquired the structure of a Department which subsequently merged with the Ministry of Economy and Finance.

The Treasury Department is currently made up of eight Directorates-General. Some of the departmental offices and the technical-scientific Board of experts report directly to the Treasury’s Director General; the Board of experts advises on the formulation and analysis of the subject-matters assigned.

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