Administrative contact
12, Quai Antoine 1
BP 512
MC 98015 MONACO CEDEX
Opening hours :
from 9.30am to 5.00pm from Monday to Friday
Phone :
Fax :
More information :
Phone reception : from 8.30am to 5.30pm from Monday to Friday
Administrative contact
12, Quai Antoine 1
BP 512
MC 98015 MONACO CEDEX
Opening hours :
from 9.30am to 5.00pm from Monday to Friday
Phone :
Fax :
More information :
Phone reception : from 8.30am to 5.30pm from Monday to Friday
Role
The Budget and Treasury Department is in charge of:
- Establishing the budget and drawing up the accounts of the Constitutional Reserve Fund
- Treasury and accounting transactions performed by the Public Treasury
- Supervising credit institutions in the Principality under agreements with the European Union and France
- Issuing coins
- Preparing wages and salaries and managing the pensions of civil servants
- Examining certain loan applications
- Acting as Secretariat for the Fund Investment Commission
Organization and operation
The Department of Budget and Treasury is divided into three divisions:
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
Legal References
Administrative contact
12, Quai Antoine 1
BP 512
MC 98015 MONACO CEDEX
Opening hours :
from 9.30am to 5.00pm from Monday to Friday
Phone :
Fax :
More information :
Phone reception : from 8.30am to 5.30pm from Monday to Friday