Ministry of State Treasury of the Republic of Poland
Encyclopedia
Ministry of State Treasury of the Republic of Poland (or just Ministry of (the) Treasury according to its own English webpage) was formed to administer issues related to State Treasury
of Poland
. The formation of the ministry occurred in 1996 during the Polish administrative reform of 1996.
The ministry traces its history the Ministry of Ownership Transformation (Ministerstwo Przekształceń Własnościowych), established around 1990 to oversee privatization
of the economy of Poland
, which before 1990 was significantly controlled and owned by the communist government of the People's Republic of Poland
. In modern Poland, the Ministry of State Treasury of the Republic of Poland is separate from the Ministry of Finance of the Republic of Poland. However, until 1950, the modern Polish Ministry of Finance functioned under the name of the Ministry of State Treasury. In 1950, the Ministry of State Treasury was liquidated, and a new Ministry of Finance was created. In 1996 the Ministry of State Treasury was recreated, in a limited scope compared to its old namesake, and now exists alongside of the Ministry of Finance.
The current Polish Minister of State Treasury, since 16 November 2007, is Aleksander Grad
.
State Treasury
State Treasury in Polish law represents the Polish state in certain legal aspects. It can be represented by various officials or institutions depending on circumstances....
of Poland
Poland
Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...
. The formation of the ministry occurred in 1996 during the Polish administrative reform of 1996.
The ministry traces its history the Ministry of Ownership Transformation (Ministerstwo Przekształceń Własnościowych), established around 1990 to oversee privatization
Privatization
Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector to the private sector or to private non-profit organizations...
of the economy of Poland
Economy of Poland
The Economy of Poland is a high income economy and is the sixth largest in the EU and one of the fastest growing economies in Europe, with a yearly growth rate of over 3.0% before the late-2000s recession. It is the only member country of the European Union to have avoided a decline in GDP, meaning...
, which before 1990 was significantly controlled and owned by the communist government of the People's Republic of Poland
People's Republic of Poland
The People's Republic of Poland was the official name of Poland from 1952 to 1990. Although the Soviet Union took control of the country immediately after the liberation from Nazi Germany in 1944, the name of the state was not changed until eight years later...
. In modern Poland, the Ministry of State Treasury of the Republic of Poland is separate from the Ministry of Finance of the Republic of Poland. However, until 1950, the modern Polish Ministry of Finance functioned under the name of the Ministry of State Treasury. In 1950, the Ministry of State Treasury was liquidated, and a new Ministry of Finance was created. In 1996 the Ministry of State Treasury was recreated, in a limited scope compared to its old namesake, and now exists alongside of the Ministry of Finance.
The current Polish Minister of State Treasury, since 16 November 2007, is Aleksander Grad
Aleksander Grad
Aleksander Grad is a Polish politician. He graduated from the Industrial Geodesy Department at the AGH University of Science and Technology in Cracow. He was elected to the Sejm on September 25, 2005, receiving 13680 votes in 15 Tarnów district as a candidate on the Platforma Obywatelska list...
.