The Swedish National Financial Management Authority () is a central administrative

government agency A government agency or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government (bureaucracy) that is responsible for the oversight and administration of specific functions, s ...

Sweden Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic count ...

responsible for

economic An economy is an area of the Production (economics), production, Distribution (economics), distribution and trade, as well as Consumption (economics), consumption of Goods (economics), goods and Service (economics), services. In general, it is ...

financial management, analyses and economic forecasting for central government agencies. The entity operates under the

Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...

. The agency consists of seven departments: * Performance and Financial Management * Effective Administrative Support * Accounting Principles and Internal Auditing * Central Government Accounting * Analysis and Forecasts * Coordination of IT System Hermes * Audit of EU structural fundsThe Swedish National Financial Management Authority and the Government assignment regarding procurement coordination
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Purpose

The main purpose of the agency is to economically organize government spending and obtain savings.

Operational concept

The agency's financial management is committed to ensuring: * Effective controls in central government finances * Resource allocation in accordance with political priorities * High levels of productivity and efficiency * Being government's expert in performance and financial management * Being responsible for good accounting practices in central government * Possessing unique knowledge of central government finances * Offering cost-efficient administrative support systems * Working at all levels in central government * Working in close cooperation with the government offices and agencies * Working internationally * Monitoring external developments continuously and to participate in major networks * Expertise in all aspects of financial management * Having a comprehensive overview of the financial management field
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Swedish Confederation of Professional Associations The Swedish Confederation of Professional Associations (, Saco) is a confederation of 21 independent professional association A professional association (also called a professional body, professional organization, or professional society) is a g ...

(''SACO'') ***

Swedish Confederation of Professional Employees The Swedish Confederation of Professional Employees (, TCO, literary ''White-collar workers' Central Organisation'') is a national trade union centre, the umbrella organisation for 12 trade unions in Sweden that organise professional and other qua ...

(''TCO'') ***

Swedish Trade Union Confederation The Swedish Trade Union Confederation ( ; literally "The National Organisation in Sweden"), commonly referred to as LO (), is a national trade union centre, an umbrella organisation for fourteen Swedish trade unions that organise mainly "blue-c ...

(''LO'') **Energy policy ***

Nuclear power in Sweden The electricity sector in Sweden has three operational nuclear power plants with 6 operational nuclear reactors, which produce about 30% of the country's electricity. The nation's largest power station, Forsmark Nuclear Power Plant, has three rea ...

***Proposed Oil phase-out in Sweden ''Other links'' *

Economy of Europe The economy of Europe comprises about 748 million people in 50 countries. Throughout this article "Europe" and derivatives of the word are taken to include selected states whose territory is only partly in Europe, such as Turkey, Azerb ...

European Union The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The u ...

* History of copper currency in Sweden

References

External links

The Swedish National Financial Management Authority
Institute of Economic Research Economy of Sweden Economic research institutes Public finance of Sweden Financial management organizations {{Sweden-gov-stub

Purpose

Operational concept

See also

References

External links