The Ministry of Public Finance is organized and functions as a specialized body of the central public administration, with legal personality, subordinated to the Government, which applies the strategy and the Government Finance Program.

The Ministry of Public Finance is a ministry with a role of synthesis and fulfills the following functions:

1. strategy, which ensures, in accordance with the Government's financial policy and with European Union rules, the elaboration of the strategy in the areas of activity specific to the Ministry: fiscal, budgetary, public accounting, accounting regulations, public debt, public internal audit, public investment management , specifically regulated areas;
2. regulation and synthesis, which ensures the elaboration of the normative and institutional framework necessary for the achievement of the strategic objectives in the field of public finances;
3. representation, by which, on behalf of the Romanian State and the Government of Romania, it is ensured internal and external representation in its field of activity and within the limits established by the normative acts in force;
4. fiscal and fiscal conception;
5. administration of state revenues;
6. the management of the resources carried out by the State Treasury; debt management;
7. implementing the provisions of the Treaty of Accession of Romania to the European Union for the financial and fiscal field;
8. financial management of the PHARE, ISPA and SAPARD funds, the Transition Facility, the Structural Instruments and the Instrument for Pre-Accession Assistance for the 2007-2013 programming period, the European Regional Development Fund, the European Social Fund, the Cohesion Fund, the Fund European aid to the most deprived persons for the 2014-2020 programming period granted by the European Union, including financial assistance from the Member States of the European Free Trade Association through the European Economic Area Financial Mechanism and the Norwegian Financial Mechanism;
9. to monitor, together with the other ministries / competent authorities according to the law, the technical assistance provided to them by international financial institutions and governmental development / international cooperation banks;
10. the coordination of budgetary relations with the European Union, as well as contacts with the administrative structures in the field;
11. to coordinate and regulate preventive financial control on the use of public funds and the management of public patrimony;
12. organizing and exercising internal audit in public entities, including the Ministry of Public Finance;
13. the evidence of the assets constituting the public domain of the state;
14. to combat tax evasion, exercised through the National Agency for Fiscal Administration and the subordinated units;
15. to control the unitary application and to observe the legal regulations in its field of activity, as well as the functioning of the institutions that operate under its authority or under its authority;
16. of authority with competence in the field of customs policy and legislation, coordination, guidance and control in this field;
17. supporting, respectively managing human, financial and material resources, supporting specific activities through information and communication technology, legal advice, and promoting a working framework for communication;
18. the elaboration, promotion and implementation of the public procurement policy, the establishment and implementation of the system for verification and control of the unitary application of the legal and procedural provisions in the field of public procurement, as well as the monitoring of the efficient functioning of the public procurement system , exercised through the National Agency for Public Procurement;
19. the authority with attributions in the assessment of the classification of the measures that could constitute state aid in the economic-budgetary and financial policies of the Romanian state;
20. administration of state aid schemes the provider of which is designated according to the legal provisions in force;
21. to implement policies to streamline public investment management;
22. to assess the feasibility of implementing public investment projects as partnerships between the public sector and one or more private partners, with a view to transmitting them for approval to the Government;
23. the Audit Authority for the EEA Financial Mechanism, the Norwegian Financial Mechanism and the Swiss-Romanian Cooperation Program, according to its own regulations for each mechanism;
24. centralized procurement unit through the National Office for Centralized Procurement.