finance minister
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finance minister
The person in a government who is responsible for state finances, the budget, and tax policy. He or she heads the finance ministry.
Der Finanzminister hat heute den neuen Haushaltsentwurf im Parlament vorgestellt.
The finance minister presented the new draft budget in parliament today.
The word is composed of 'Finanz' (from 'die Finanzen', finances) and 'der Minister' (minister). So it literally refers to the person responsible for finances.
Der Finanzminister plant eine Reform der Einkommensteuer.
The finance minister is planning a reform of income tax.
'Finanzminister' (finance minister) follows a typical pattern for government offices. The first part names the policy area, and the second part is '-minister' (minister). Other examples are 'Außenminister' (foreign minister), 'Innenminister' (interior minister), or 'Verteidigungsminister' (defense minister).
Die Verteidigungsministerin besuchte die Truppen im Ausland.
The defense minister visited the troops abroad.
A finance minister is often connected with verbs such as 'vorstellen' (to present), 'planen' (to plan), or 'verkünden' (to announce). Typical topics are the 'Haushalt' (budget), 'Steuern' (taxes), and 'Schulden' (debts).
Der Finanzminister muss den neuen Haushalt im Parlament verteidigen.
The finance minister has to defend the new budget in parliament.
economy minister
'der Finanzminister' and 'der Wirtschaftsminister' are both members of a government, and their responsibilities can overlap. The finance minister mainly deals with state money, the budget, and taxes. The economy minister deals with economic policy, for example companies, trade, jobs, or growth. The words can be confused because money and the economy are closely connected. As a simple guide: for the state budget and taxes, 'Finanzminister' fits. For companies, the market, and the economy, 'Wirtschaftsminister' fits.
Im Parlament erklärt der Finanzminister den neuen Haushalt.
In parliament, the finance minister explains the new budget.
Der Wirtschaftsminister spricht mit mehreren Firmen über neue Arbeitsplätze.
The economy minister is talking with several companies about new jobs.