The Ministry of Finance is a dependency of the Presidency of the Dominican Republic, created in 1844. Law No. 494-06, on the Organization of the Ministry of Finance, and its Implementing Regulation, No. 489-07, make up the backbone of its legal framework. This agency is responsible for preparing, executing and evaluating fiscal policy, which includes income, expenses and financing of the public sector, ensuring its sustainability within the framework of the Government's economic policy and the National Development Strategy.