MINISTRY OF FINANCE
OF THE REPUBLIC OF ARMENIA

The Minister manages the activities of the Ministry.

The Minister is accountable to the Government and the Prime Minister.

The Deputy Ministers, the Secretary General, the heads of the subordinate bodies, organizations and institutions, the Advisers and Assistants to the Minister, the Press Secretary and the heads of the main professional structural subdivisions are directly accountable to the Minister.

The heads of the supporting professional structural subdivisions, the Deputy Secretary General are accountable to the Minister.

The Minister:

1) independently manages the sphere of activity assigned to the Ministry, independently develops and implements the policy of the sphere of activity assigned to the Ministry by the Government;

2) manages the body subordinate to the Ministry, as well as the organization, the institution subordinate to the Ministry, and exercises control over them, including reviewing the decisions of the body subordinate to the Ministry;

3) submits proposals to the Prime Minister on the main directions of the sphere of activity assigned to the Ministry;

4) defines the main directions of the Ministry's activity in accordance with the sphere of activity, goals and tasks assigned to the Ministry;

5) exercises control over the protection of state property attached to the Ministry or handed over for use;

6) approves the annual balance;

7) defines the competencies of the structural subdivisions of the Ministry, approving their charters;

8) is responsible for the implementation of the tasks and functions of the Ministry;

9) defines the areas of work (activity) coordinated by each Deputy Minister;

10) within the limits of his competence, acts on behalf of the Republic of Armenia without a power of attorney, as well as issues power of attorneys to act on behalf of the Republic of Armenia, including power of attorneys with the right of re-authorization;

11) appoints and dismisses his Advisers, Press Secretary, Assistants, Assistant to the Deputy Minister, applies incentives to them and imposes disciplinary sanctions;

12) in cases provided by law, appoints and dismisses the relevant employees of the Ministry, applies incentives to them and imposes disciplinary sanctions;

13) approves the staff list;

14) approves internal disciplinary rules;

15) in cases envisaged by the legislation of the Republic of Armenia, establishes advisory bodies attached to him;

16) suspends or recognizes as invalid the orders of the Secretary General that contradict the requirements of the legislation of the Republic of Armenia;

17) suspends or recognizes as invalid the instructions of the Deputy Minister, Secretary General;

18) suspends or recognizes as invalid the orders, directives, instructions, guidelines and recommendations of the heads of subordinate body, organizations and institutions that contradict the requirements of the legislation of the Republic of Armenia;

19) hears the reports of the structural subdivisions of the Ministry, subordinate bodies, organizations and institutions, examines the results of the inspection of their activities, unless otherwise provided by law;

20) adopts normative, individual and internal legal acts in cases provided by law.