Economics Atlas

How Wealth Is Ordered
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Institution

Ministry of Economy and Finance (South Korea)

National Treasuries and Fiscal Authorities

South Korea's Ministry of Economy and Finance is the government agency responsible for overseeing the nation's financial and economic policy, headquartered at the Government Complex in Sejong City. Its current form traces to a February 29, 2008 reorganization following decades of institutional change beginning with a separate Ministry of Finance created in 1948, later merged with the Economic Planning Board in 1994; the ministry sets mid- to long-term economic policy, allocates and assesses the national budget, plans tax policy, manages the treasury and national debt, and publishes a monthly economic report known as the Green Book.

Facts
Founding YearSourced to the subject's own account
1994 1
HeadquartersSourced to the subject's own account
Sejong City, South Korea 1
Classification
Institution SubtypeSourced to the subject's own account
Government Treasury or Finance Ministry 1
Geography
Country or Jurisdiction Served
South Korea 2
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Sources
1. Ministry of Economy and Finance (South Korea) (Wikipedia)
Wikipedia
  • Lead section / History
    The ministry was formed in 1994 through the merger of the old Economic Planning Board (est. 1961) and Ministry of Finance (est. 1948).
  • Introduction, institution-subtype
    Its current form traces to a February 29, 2008 reorganization following decades of institutional change beginning with a separate Ministry of Finance created in 1948, later merged with the Economic Planning Board in 1994; the ministry sets mid- to long-term economic policy, allocates and assesses the national budget, plans tax policy, manages the treasury and national debt, and publishes a monthly economic report known as the Green Book.
View the Source
2. Ministry of Finance and Economy (South Korea) (Wikipedia)
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