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Commonwealth Treasury

The Commonwealth Treasury is part of the Ministry of Commerce.

The Commonwealth Treasury, commonly The Treasury, is the national treasury, financial department and monetary authority of Vekllei. The Treasury is ultimately responsible for the Vekllei tax system, government revenue and expenditure, and broad economic planning. The Treasury also maintains the GAIA automatic financial relay computer system, which has been the automatic mechanism for microeconomic policy in Vekllei since 2055.

Departments of the Treasury inform the monetary policy established by the Commonwealth Bank, and advises money supply and rate adjustments.

The Treasury is lead by the State Secretary for the Treasury, a member of the cabinet, but is governed by the Treasurer. Its departments are mostly autonomous, and coordinate through the Department of the Treasury.

Constituents

  • Community Development Board: Special investment vehicle for underprivileged Commonwealth communities.
  • Institute for Economics Research: Macroeconomic research relevant to international trade in conjunction with the Bureau of Policy Research.
  • Commonwealth Productivity Commission: Economic productivity research and standards.
  • Commonwealth Taxation Service: Revenue collection and registry for taxable business.

Departments

  • Department of the Treasury: Serves as the central administrative office of the Treasurer and coordinates overall Treasury policy.
    • State Secretariat: Office of the Treasury’s State Secretary, responsible for implementing government policy.
    • General Secretariat: Office of the Treasury’s Permanent Secretary, regular management of Treasury affairs.
  • Department of Commonwealth Economics: Manages domestic fiscal policy, national debt, and public financial operations.
    • Office of General Seizure
    • Office of Fiscal Service
    • Office of National Debt
    • National Finance & Investment Corporation
  • Department of Revenue & Customs: Oversees tax collection, government liabilities, and related financial services.
    • General Taxation Inspectorate
    • Office of Government Debt & Liabilities
    • Office of Financial Services
  • Department of Foreign Accounts & Revenues: Manages Vekllei’s financial assets, investments, and accounts held in foreign countries.
    • Office of the Americas
    • Office of Europe
    • Office of Africa
    • Office of the Orient
    • Special Markets Office
  • Department of Government Accounts: Monitors and researches all government expenditure to ensure fiscal responsibility.
    • Office of Government Expenditure
    • National Expenditure Research Organisation
  • Department of Commonwealth Corporations: Oversees the management and development of all government-owned corporations.
  • Department of Automatic Systems: Develops and maintains the automated computer systems used for economic management.
  • Department of Economic Information: Compiles and analyses economic data in cooperation with the Bureau of Statistics.