Ministry of Finance of the Slovak republic, Štefanovičova 5, 817 82 Bratislava, IČO: 00151742. www.mfsr.sk

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Vision of the Ministry of Finance of the Slovak Republic

The vision of the Ministry of Finance of the Slovak Republic is:

“The Ministry of Finance of the Slovak Republic is an organisation whose team of professional employees, in accordance with the defined values of the organisation, ensures the quality fulfilment of the organisation’s mission and the Manifesto of the Government of the Slovak Republic”

The key mission of the Ministry of Finance of the Slovak Republic is:

“The Ministry of Finance of the Slovak Republic guards public finances and strives for the financial health and prosperity of Slovakia.”

A more detailed version of the mission of the Ministry of Finance of the Slovak Republic (hereinafter referred to as the “Ministry”) determines the principles of activity and the long-term direction of the Ministry:

The main effort of the Ministry’s management is to ensure the consistency of general government revenues and expenditures with the macroeconomic and strategic goals of the government’s policies, monitoring their efficient use, fiscal consolidation and long-term sustainability of public finances within the eurozone, compliance with the rules for the use of public resources, effective implementation of EU financial instruments and other foreign aid while respecting the principles of good financial management, reduction of the tax burden on low- and middle-income groups, reduction of tax and customs evasion and suppression of the grey economy.

Quality fulfilment of the vision and mission of the Ministry, including further implementation and development of structural reforms, has the potential to support economic growth, long-term competitiveness of the Slovak economy, with the aim of bringing the standard of living of the citizens of the SR closer to the European average.

The existence of a quality government is essential for the continued successful development of Slovakia. The Ministry has a key position in the government, which is a significant prerequisite for ensuring that the changes implemented are sustainable and that they are gradually improved. The Ministry’s management is directing its efforts to ensure that the Ministry, both at the level of the entire budget chapter and at the level of the service office, is an institution that fulfils its tasks efficiently and at the same time has a good credit and reputation vis-à-vis the public and other institutions and partners, as well as internally vis-à-vis its employees. Achieving this will be characterised by fulfilling a wide range of important principles and guidelines, as well as the existence of relevant systemic mechanisms and processes.

The activity of the Ministry has clearly defined users of its outputs, which are primarily citizens, natural persons and legal entities predominantly from the business sphere, general government organisations, the Government, the Parliament, to a significant extent EU institutions, international financial institutions, national financial institutions, regional and local governments, non-governmental organisations, and educational institutions.

The fulfilment of the tasks of the Ministry as the administrator of the budget chapter is conditional on the effective functioning of the Ministry as an authority based on the basic principles of the EFQM Excellence Model. The Ministry has in place a rational organisational structure, experienced and motivated employees, appropriate material equipment, well-functioning management and internal information and communication systems and related processes, as well as external communication mechanisms.

The successful functioning of the Ministry is conditional on the existence of the following principles, policies, and mechanisms in nine key areas, which are defined based on the fundamental principles of the EFQM Excellence Model.

1. Leadership

Open communication at all levels of management plays a key role in the functioning of the Ministry. Therefore, the Ministry also strives to apply additional principles:

2. Strategy

3. People

In order to build and maintain a skilled workforce, the Ministry’s office develops the competence and expertise of its staff through the promotion of training.

4. Partnerships and resources

The Ministry’s office adheres to ethical standards of cooperation with external partners. At the same time, it makes active and efficient use of available material and financial resources, including information and communication technologies. It also cooperates transparently with the private sector in the interests of efficiency.

5. Processes, products and services

Key processes and mechanisms are set up in the Ministry with the primary aim of delivering its main tasks efficiently, to the required quality and in a timely manner

6. Customer results

7. People results

The Ministry regularly monitors the performance of its employees, as well as their satisfaction with the functioning of the Ministry and with the working conditions and working atmosphere. As part of its monitoring of employees’ views, the Ministry seeks to prevent misunderstandings and problems in the area of staffing and also to improve the set-up of existing processes. In relation to employees, the Ministry therefore seeks to apply the following principles:

8. Society results

An important attribute of the work of the Ministry is good credit among relevant output user groups, other ministries, and with organisations whose activities intersect with those of the Ministry, as well as in society at large. The Ministry implements and maintains a system of corporate social responsibility within the organisation, as well as improving the Ministry’s overall positive impact on society and societal activities in accordance with all relevant legal and other requirements.

9. Business results

The Ministry maintains continuity in developing values, goals and objectives within the economic performance of the organisation. The Ministry regularly evaluates the achievement of its objectives. It also monitors the satisfaction of the external environment and actively responds to:

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Ministry of Finance
of the Slovak republic

Štefanovičova 5
P. O. BOX 82
817 82 BRATISLAVA
IČO: 00151742

+421 2 5958 1111
podatelna@mfsr.sk

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