What is the Difference between a Finance Minister and a Central Governor? and Michigan Senate Finance Committee Hearing Photo by Michigan Municipal League

What is the Difference between a Finance Minister and a Central Governor?

Does a Finance Minister set the policy for the governor to carry out? Does the Governor have autonomy from the Finance Ministry? Do they work in tandum? Why do countries have a Ministry of Finance and a Central Bank, why aren't they merged? Please I would appreciate a very in-depth answer with every little detail you can spare.


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Michigan Senate Finance Committee Hearing Photo by Michigan Municipal League


Image by Michigan Municipal League (MML)
Mayor Abdul Haidous of the city of Wayne and Sterling Heights Mayor Richard Notte were in Lansing on Thursday, with Michigan Municipal League staffer Andy Schor, to testify at the Senate Finance Committee's first hearing on SB 34, which would eliminate the personal property tax. Read the Feb. 3rd Action Alert (http://www.mml.org/advocacy/alerts_advisories/2011_02_4_action.html) which explains the League's position on the bill, and the steps local leaders are taking to make sure committee members understand the devastating impact this would have on local public services should it be enacted without a replacement for the revenues to local communities. For more about the League and what we do go to mml.org.

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