The Ministry of Finance of the Slovak Republic is a central body of state administration responsible for the areas of finance, taxes and fees, customs, financial control, internal audit and government audit. The Ministry of Finance of the Slovak Republic is also a central body of state administration responsible for the informatisation of society, coordination of state aid in the area of pricing and price control, except for the pricing and price control of the goods regulated by separate laws.

The Ministry:

- develops and implements policies in the areas referred to in paragraph 1, including the budgeting of the aggregate general government deficit, develops and implements the central government budget and financial market policy, including consumer protection in the provision of financial services, and develops and implements a policy for the management of assets owned by public administration, public-service sector and non-business sphere; 

- performs the functions of state administration in the management of state financial assets and liabilities of the Slovak Republic, mortgage banking and building societies, except for the government premium for building saving schemes, foreign exchange management and foreign exchange control, the single accounting and reporting system, and gambling; 

- performance of state supervision over the implementation of social insurance, over compliance with the conditions for granting government premium to building saving schemes,  over compliance with the conditions for granting government contribution to mortgage loans, over the operations of the Export-Import Bank of the Slovak Republic and over the financial management of the Social Insurance Agency.