Ministry of Finance (Spain) founded by Philip V of Spain
Early period
In 1705 King Felipe V divided the unique Secretariat of the Universal Dispatch in two: one secretariat for War and Treasury and other for "everything else". In 30 November 1714, the Ministry was de facto created as Veeduría General (roughly in English: Inspectorate-General) and headed by the Universal Inspector of the Inspectorate-General (Spanish: Intendente Universal de la Veeduría General), the primitive denomination of the current position of Minister of Finance. This organization lasted a short time and disappeared in 1716. From that moment, the responsibilities of treasury merged with justice and Indies affairs.
In 1 December 1720, they treasury affairs were confirmed as a Secretariat of State.