The scope of the Ministry of Finance is defined in Article 3 of the Law on Ministries (“Official Gazette of RS”, No. 128/2020 and 116/2022) and includes state administration activities related to:

• republic budget;
• determination of the consolidated balance of public revenues and public expenditures;
• system and policy of taxes, fees, charges and other public revenues;
• basics of the social security contribution system and providing financing for compulsory social insurance;
• regulation of source revenues of the autonomous province and local self-government units;
• public expenditure policy;
• management of available public finances of the Republic of Serbia;
• coordination of the management system and implementation of programs financed from European Union funds;
• public debt and financial assets of the Republic of Serbia;
• macroeconomic and fiscal analysis, quantification of economic policy measures;
• financial effects of the system of determining and calculating salaries and wages financed from the budget of the Republic of Serbia, the autonomous province and local self-government units and funds of compulsory social insurance organizations;
• supervision over the work of the Central Register of Compulsory Social Insurance;
• public procurement;
• prevention of money laundering;
• games of chance;
• fiscal monopolies;
• foreign exchange system and foreign credit relations;
• factoring jobs;
• system of financial relations with foreign and international financial organizations;
• preparation, conclusion and implementation of international agreements on avoidance of double taxation;
• customs system, customs tariff, customs protection measures and free zones;
• credit and monetary system;
• banking system;
• life and non-life insurance;
• participation in the management of banks, insurance companies and other financial institutions whose shareholder is the Republic of Serbia, as well as organizing and conducting the procedure of selling shares in them;
• payment system and payment transactions;
• securities and capital market;
• accounting and auditing system of financial statements;
• bookkeeping;
• privatization and rehabilitation of banks and other financial organizations;
• filing claims of the Republic of Serbia in bankruptcy proceedings;
• analysis of fiscal risks arising from the operations of public companies founded by the Republic of Serbia, companies performing activities of general interest and companies with majority state capital;
• analysis of risks related to local government budgets and public-private partnerships;
• risk analysis related to the consequences of natural disasters and their financial effects on the budget of the Republic of Serbia and local government budgets and other liabilities of the Republic of Serbia;
• monitoring of obligations covered by state guarantees;
• monitoring of the main risks related to the financial sector in the Republic of Serbia;
• evaluation and monitoring of capital projects;
• regulating the procedure of preparation and registration of capital projects by the competent ministries and their unification;
• regulation of the field of digital property;
• regulation of public property rights;
• regulation of property-legal and other real-legal relations, except for the preparation of laws regulating the right of property and other real rights;
• expropriation;
• protection of the property of the Republic of Serbia abroad;
• implementation of the Agreement on Succession Issues;
• realization of alimony claims from abroad;
• providing legal assistance regarding foreign nationalized property compensated by international agreements;
• budget control of all budget funds of the Republic of Serbia, territorial autonomy and local self-government and organizations of obligatory social insurance and public enterprises;
• harmonization and coordination of financial management and control and internal audit in the public sector;
• administrative supervision in property and legal affairs;
• second instance administrative procedure in the areas within the scope of the ministry, in accordance with the law;
• providing means of solidarity, as well as
• other tasks determined by law.