The State Secretariat for the Economy and Business Affairs​, acting under the authority of the Ministry of Economic Affairs and Digital Transformation, will perform the functions stipulated in Article 62 of Act 40/2015, of 1 October, on the Public Sector Legal Regime, within the scope of its remit, relating to economic policy, economic cycles, forecast of macroeconomic variables, sector-based economic policies, the reporting and approval of prices, tariffs, tolls and royalties within its remit, State treasury, public debt management, financial policy, private insurance and reinsurance, capitalization and pension funds, money laundering prevention policy, statistics and representation of the nation in international financial institutions and in some international economic and financial forums.