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The Federal Finance Administration (FFA)

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The Federal Finance Administration (FFA)

Overview:

The Federal Finance Administration (FFA) is responsible for the budget estimate, the financial plan, and accounting; it evaluates the projects of all departments involving expenditures, develops financial policy concepts (such as the financial model, the reorganisation of fiscal equalisation, the division of responsibilities between the Federal Government and the cantons, and the debt brake), is responsible for the statistics on the public budgets of Switzerland, and administers federal fiscal equalisation. It ensures the permanent liquidity of the Federal Government and is responsible for raising funds and investing on the money and capital markets.

The FFA also deals with national and international financial and monetary questions, cultivates relations with the Swiss National Bank and the Swiss Federal Financial Market Supervisory Authority (FINMA), and represents Switzerland's interests in its international relations, especially with the International Monetary Fund. It is also responsible for regulation relating to banking, the monetary system, and financial market law.

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