Ministry of the Treasury (New Prussia)

Ministry of the Treasury
Finanz ministerium
Agency overview
Formed	25 May 2018
Jurisdiction	Empire of New Prussia
Minister responsible	Ann M. Harms;
Deputy Minister responsible	Vacant;
Agency executive	Secretary of the Department of Designing and Printing, Vacant;
Parent department	New Prussian Imperial Government

The Ministry of the Treasury is an executive government branch of the Empire of New Prussia. The Ministry oversees its child departments of which are the Department of Designing and Printing and the New Prussian Imperial Bank. The current Minister of the Treasury is the Empress Mother, Ann W. Harms.

History

For three years, the Empire of New Prussia has used the currency of its host nation, the United States Dollar. Now on June 2, 2021 New Prussia officially has its own currency called the New Prussian Mark thanks to the Currency Act. The current exchange rate of the New Prussian Mark is 5 US Cents per Mark.

Agencies

There is only one agency of the Ministry of the Treasury:

Department of Designing and Printing

The Department of Designing and Printing (DDP) is a child agency of the Ministry of the Treasury and was formed on June 2, 2021. The person in charge is the Secretary of the Department of Designing and Printing, currently the position is vacant. It is responsible for Designing and printing all monetary notes, keep records of all monetary note serial numbers, and supplying the New Prussian Imperial Bank.

New Prussian Imperial Bank

The New Prussian Imperial Bank is the central bank of the Empire of New Prussia and was formed on June 2, 2021. The NPIB is headed by the Board of Governors. The duties of the Imperial Bank is to oversee it District Banks and help implement monetary policy in New Prussia.

Roles and Responsibilities

The roles and responsibilities of the Treasury are:

To observe the economy of New Prussia
Collect any and all money owed to the Empire
Manage financial matters of the Empire, the New Prussian Imperial Parliament and its Ministries
Enforce and implement monetary policy