Ministry of Finance of the GDR

The Ministry of Finance ( MdF ) was an organ of the Council of Ministers of the GDR for planning , accounting and billing of state finances . From April 1990 until German reunification in October 1990 it was called the "Ministry of Finance and Prices". The Ministry of Finance resided in the house on Werderschen Markt until 1959 . When the Central Committee of the SED moved in, the ministry moved its seat to the House of Ministries at Leipziger Strasse 5-7. The previous institutions were the German Central Finance Administration from 1945 to 1948 and the DWK , Central Finance Administration, from 1948 to 1949 .

tasks

Tasks of the Ministry of Finance were

• Securing the liquidity of the state budget
• Financing the national economy (investments)
• Preparation of the financial legislation
• Steering and control function in the economic process
• Preparation and implementation of international payment and financial agreements
• Head of financial auditing for state institutions and commercial enterprises
• Legislation for
  • Insurance ( State Insurance of the GDR )
  • taxation
  • Position planning
  • Emergence and use of precious metals
  • Administration and use of public property

As an organ of the Council of Ministers, the Ministry was responsible for the planning, accounting and settlement of state finances, the management and planning of the state budget, the preparation of financial legislation, the preparation and implementation of international payment and financial agreements, and participation in the organs of the Council for Mutual Economic Assistance (RGW), the management of the State Financial Audit (SFR), the drafting of legal provisions, taxation, the establishment planning system, for the supply and use of precious metals as well as for the management and use of public property. It had steering and control functions in the economic flow of the GDR economy . The MdF prepared the state's financial balance sheet and was responsible for the value service plan.

minister

• Hans Loch (1949–1955)
• Willy Rumpf (1955–1966)
• Siegfried Böhm (1966–1980)
• Werner Schmieder (1980–1981)
• Ernst Höfner (1981–1989)
• Uta Nickel (1989–1990)
• Walter Siegert (1990)
• Walter Romberg (1990)
• Werner Skowron (1990)

State Secretaries

• Dieter Rudorf (March 1990 - August 1990)
• Martin Maassen [May 1990]
• Walter Siegert (then Minister)
• Werner Skowron (from August 15, 1990), most recently Minister

Institutions

was subordinate to the MdF

• Financial and economic research institute for the development of the scientific basis for the further development of the socialist planned economy and the "socialist financial economy"
• VEB data processing of the financial bodies
• until 1968/69 the savings banks sector and thus the savings banks of the GDR

Web links

• Federal Archives Ministry of Finance

Individual evidence

1. ^ Overview of the Federal Archives on the GDR Ministry of Finance. (Call up point 1.11.1 there) - unfortunately no link can be set on the subpage. Federal Archives, accessed on September 22, 2018 . 
2. ^ German unity: State Secretaries in the MdF
3. ↑ Bundesarchiv Sig. DN 100 The financial and economic research institute at the Ministry of Finance