Budget and Treasury Department

The duties of this Division are to:

• Set up and manage budget procedures
• Draw up the State Budget and documents relating thereto
• Provide management control assistance
• Prepare the documents required to close the State accounts
• Analyse the State accounts and those of the Constitutional Reserve Fund
• Manage and monitor the movable assets of the Constitutional Reserve Fund
• Examine loan applications in the property sector
• Act as the accounting officer for public bodies
• Act as Secretariat for the Fund Investment Commission

The duties of this Division are to:

• Process wages and salaries of civil servants and other Government officials
• Pay civil service pensions
• Manage the "Fonds Complémentaire de Majoration de Rente des Accidents du Travail" (fund covering work-related accidents)

The duties of this Division are to:

• Supervise banks and other financial institutions in liaison with French regulatory and supervisory bodies
• Examine applications by credit institutions to relocate to the Principality
• The designation of credit institutions within the framework of the right to account
• Examine Finance Bills and monitor their implementation
• Secretariat to the Committee formed under the Monetary Agreement between the European Union and the Principality of Monaco
• Monitor the Monegasque Credit Guarantee Fund
• Issue Monegasque currency