Ministry of Finance of Germany facts for kids
| Bundesministerium der Finanzen | |
 |
|
| Agency overview | |
|---|---|
| Formed | 1880 as the "Reichsschatzamt" |
| Jurisdiction | Government of Germany |
| Headquarters | Berlin |
| Minister responsible |
|
| Website | bundesfinanzministerium.de |
The Federal Ministry of Finance (German: Bundesministerium der Finanzen) (BMF) is a ministry of the Federal Republic of Germany. It is based in Berlin and Bonn. It is led by the Minister of Finance, whose office is in the Detlev-Rohwedder House in Wilhelmstraße, Berlin. This was the old Reich Air Ministry Building. The ministry is supported by a scientific advisory board.
Responsibility
The ministry works out how much the government can spend each year, and how to raise that money, in income tax and other taxes.
To help it do this, the ministry controls :
- the Federal Forestry Commission, Bundesforstverwaltung
- Federal Spirits Monopoly Administration, Bundesmonopolverwaltung für Branntwein
- Federal Portfolio Management, Bundesvermögensverwaltung, and
Federal Ministers of Finance since 1949
| Ministers of Finance | |||||
|---|---|---|---|---|---|
| No | Name | Life data | Term start | Term end | Party |
| 1 | Fritz Schäffer | 1888-1967 | 20 September 1949 | 29 October 1957 | CSU |
| 2 | Franz Etzel | 1902-1970 | 29 October 1957 | 14 November 1961 | CDU |
| 3 | Heinz Starke | 1911-2001 | 14 November 1961 | 19 November 1962 | FDP |
| 4 | Rolf Dahlgrün | 1908-1969 | 13 December 1962 | 28 October 1966 | FDP |
| 5 | Kurt Schmücker | 1919-1996 | 8 November 1966 | 30 November 1966 | CDU |
| 6 | Franz Josef Strauß | 1915-1988 | 2 December 1966 | 20 October 1969 | CSU |
| 7 | Alexander Möller | 1903-1985 | 22 October 1969 | 13 May 1971 | SPD |
| 8 | Karl Schiller | 1911-1994 | 13 May 1971 | 7 July 1972 | SPD |
| 9 | Helmut Schmidt | 1918-2015 | 7 July 1972 | 15 May 1974 | SPD |
| 10 | Hans Apel | 1932-2011 | 16 May 1974 | 15 February 1978 | SPD |
| 11 | Hans Matthöfer | 1925-2009 | 16 February 1978 | 28 April 1982 | SPD |
| 12 | Manfred Lahnstein | 1937- | 28 April 1982 | 4 October 1982 | SPD |
| 13 | Gerhard Stoltenberg | 1928-2001 | 4 October 1982 | 21 April 1989 | CDU |
| 14 | Theodor Waigel | 1939- | 21 April 1989 | 27 October 1998 | CSU |
| 15 | Oskar Lafontaine | 1943- | 27 October 1998 | 18 March 1999 | SPD |
| 16 | Hans Eichel | 1941- | 12 April 1999 | 22 November 2005 | SPD |
| 17 | Peer Steinbrück | 1947- | 22 November 2005 | 27 October 2009 | SPD |
| 18 | Wolfgang Schäuble | 1942- | 28 October 2009 | incumbent | CDU |
Between 1990 and 1993, the senior civil servant (German: Beamtete Staatssekretäre) was Horst Köhler (CDU) who went on to become Federal President in, 2004.
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Ministry of Finance of Germany Facts for Kids. Kiddle Encyclopedia.