Secretary of the Treasury (Wellmoore)
Secretary of the Treasury | |
---|---|
Secretária do Tesouro | |
Incumbent None Appointed | |
His Majesty's Treasury | |
Style | The Right Honourable |
Reports to | Prime Minister of Wellmoore |
Appointer | The Monarch on advice of the Prime Minister |
Term length | At His Majesty's Pleasure |
Formation | 14 March 2020 |
The Secretary of the Treasury is the most senior ministerial office in His Majesty's Treasury. The office was created in 2020. The Secretary of the Treasury is also the Overseer of the Wellmoorean Ministry of Tax.
History and Responsibilities
The Office was created on 14 March 2020 with the foundation of the Kingdom of Wellmoore.
Fiscal Policy
The Secretary has considerable control over other departments as it is the Treasury which sets Departmental Expenditure Limits. The amount of power this gives to an individual Secretary depends on their personal forcefulness, their status within his party and their relationship with the Prime Minister.
One part of the Secretary's key roles involves the framing of the annual year budget.
Taxation
The Secretary of the Treasury is in charge of ensuring all taxes are paid and setting the tax brackets.