Ministry of Finance (Denmark)

In 1848 King Frederik VII converted the nation's government to a constitutional monarchy, and its old administrative system was converted into a ministerial system. As a result, the Ministry of Finance was established on 24 November 1848. At the time, it was the largest of the government's ministries. The new ministry was immediately tasked with creating the first annual state budget proposal to be voted on by the Rigsdagen. The project was overseen by Minister Wilhelm Sponneck, who was 33 years-old at the time he was appointed. As the amount of money going into the state budget has increased, the ministry has expanded to manage it. ==Organisation==

Leadership The ministry is headed by the Finance Minister of Denmark (Danish: Finansministeren), a member of the Cabinet. As head of the ministry, the minister has responsibility for the ministry's tasks of administering the state finances via the fiscal policy, and making economic predictions and recommendations. The current Finance Minister is Nicolai Wammen, appointed by Mette Frederiksen on 27 June 2019. Agencies and departments • Agency for Governmental Administration (Statens Administration) • Agency for Governmental IT Services (Statens IT) • Agency for Public Finance and Management (Økonomistyrelsen) • Danish Employee and Competence Agency (Medarbejder- og Kompetencestyrelsen) • Danish Research Institute for Economic Analysis and Modelling (DREAM) Companies under the Ministry's ownership ==See also==