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Mariano Navarro Rubio
Ministro de Hacienda Mariano Navarro Rubio.jpg
Minister of Finance of Spain
In office
25 February 1957 – 8 July 1965
Prime Minister Francisco Franco
Preceded by Francisco Gómez de Llano
Succeeded by Juan José Espinosa San Martín
Personal details
Born
Mariano Navarro Rubio

(1913-11-13)13 November 1913
Burbáguena, Kingdom of Spain
Died 3 November 2001(2001-11-03) (aged 87)
Madrid, Spain
Political party Opus Dei (National Movement)

Mariano Navarro Rubio (born November 14, 1913 – died November 3, 2001) was an important Spanish politician. He served as the Minister of Finance for Spain from 1957 to 1965. This was during a time in Spain's history known as the Francoist dictatorship, when General Francisco Franco was in charge of the country. Navarro Rubio was also a member of Opus Dei, a Catholic organization.

Early Life and Education

Mariano Navarro Rubio was born in a town called Burbáguena in Spain on November 14, 1913. Not much is widely known about his early childhood. However, he grew up to be a very educated person. He studied law and became a lawyer. This background in law was very helpful for his future career in government.

Becoming a Minister

Navarro Rubio began his career in public service. He was known for his skills in economics and finance. In 1957, he was chosen to become the Minister of Finance for Spain. This was a very important job. The Minister of Finance is in charge of managing a country's money, including taxes and how the government spends its budget.

What a Finance Minister Does

A Minister of Finance has many big responsibilities. They work to make sure the country's economy is strong. This includes:

  • Managing the national budget: Deciding how much money the government will collect and how it will be spent on things like schools, roads, and hospitals.
  • Setting tax policies: Deciding how much people and businesses pay in taxes.
  • Controlling government spending: Making sure money is used wisely and efficiently.
  • Working with banks: Helping to keep the country's financial system stable.

Time as Finance Minister

Mariano Navarro Rubio served as Minister of Finance for eight years, from 1957 to 1965. During his time in office, Spain's economy went through some big changes. He was part of a group of ministers who helped to modernize the country's economic system. They worked to open up Spain's economy more to the rest of the world.

Economic Reforms

Navarro Rubio played a role in what was called the "Stabilization Plan" of 1959. This plan aimed to fix some economic problems Spain was facing. It helped to control inflation (when prices go up too fast) and encouraged more foreign investment in Spain. These changes helped Spain's economy grow and become more stable in the years that followed.

Later Life

After leaving his position as Minister of Finance in 1965, Mariano Navarro Rubio continued to be involved in public life. He held other important roles, including serving as the Governor of the Bank of Spain. The Governor of the Bank of Spain is like the head of the country's central bank, which manages the money supply and helps keep the banking system healthy.

Mariano Navarro Rubio passed away on November 3, 2001, in Madrid, Spain. He is remembered for his contributions to Spain's economy and his long career in public service.

See also

Kids robot.svg In Spanish: Mariano Navarro Rubio para niños

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