Minister of Finance

The Minister of Finance is a high-level government official responsible for managing a country’s financial affairs. The specific responsibilities of a Minister of Finance can vary depending on the country but generally include overseeing government revenue and expenditure, developing economic policies and budgets, managing public debt, and representing the country in international financial institutions and negotiations.

In many countries, the Minister of Finance is a member of the cabinet or the equivalent of the executive branch of government and is appointed by the head of state or the head of government. The Minister of Finance often works closely with other government officials, such as the central bank governor, the Minister of Economic Development, and the Minister of Trade, to coordinate economic policies and strategies.

The role of the Minister of Finance is critical to a country’s economic health and stability and requires strong financial expertise and strategic planning skills.

Table of Contents

List of current ministers of finance

This is a list of current finance ministers of the 193 United Nations member states.

States recognized by the United Nations –

State	List	Finance minister	Party	Assumed office
Afghanistan	List	Gul Agha Ishakzai (acting)	Taliban	24 August 2021
Albania	List	Delina Ibrahimaj	Socialist Party	18 September 2021
Algeria	List	Abderrahmane Raouia	National Liberation Front	25 May 2017
Andorra	List	Èric Jover	Democrats for Andorra	22 May 2019
Angola	List	Vera Daves	People’s Movement for the Liberation of Angola	8 October 2019
Antigua and Barbuda	List	Gaston Browne	Labour Party	13 June 2014
Argentina	List	Sergio Massa	Frente de Todos (2019 coalition)	28 July 2022
Armenia	List	Atom Janjughazyan	Republican Party	12 May 2018
Australia	List	Jim Chalmers	Australian Labor Party	23 May 2022
Austria	List	Magnus Brunner	People’s Party	6 December 2021
Azerbaijan	List	Samir Sharifov	Independent	18 April 2006
Bahamas	List	Peter Turnquest	Free National Movement	12 May 2017
Bahrain	List	Salman bin Khalifa Al-Khalifa	Independent	4 December 2018
Bangladesh	List	Mustafa Kamal	Awami League	7 January 2019
Barbados	List	Mia Amor Mottley	Barbados Labour Party	25 May 2018
Belarus	List	Vladimir Amarin	Independent	6 November 2014
Belgium	List	Vincent Van Peteghem	Christian Democratic and Flemish	1 October 2020
Belize	List	John Briceño	People’s United Party	12 November 2020
Benin	List	Romuald Wadagni	Independent	6 April 2016
Bhutan	List	Namgay Tshering	Druk Nyamrup Tshogpa	7 November 2018
Bolivia	List	Mario Alberto Guillén	Movement for Socialism	26 June 2017
Bosnia and Herzegovina	List	Zoran Tegeltija	Alliance of Independent Social Democrats	25 January 2023
Botswana	List	Thapelo Matsheka	Democratic Party	6 November 2019
Brazil	List	Fernando Haddad	PT	1 January 2023
Brunei	List	Hassanal Bolkiah	Independent	26 February 1997
Bulgaria	List	Rositsa Velkova^[1]		2 August 2022
Burkina Faso	List	Rosine Sori-Coulibaly	People’s Movement for Progress	13 January 2016
Burundi		Domitien Ndihokubwayo	National Council for the Defense of Democracy	May 2016^[2]
Cambodia	List	Aun Porn Moniroth	People’s Party	26 September 2013
Cameroon	List	Alamine Ousmane Mey^[3]	People’s Democratic Movement	11 December 2012
Canada	List	Chrystia Freeland	Liberal Party	18 August 2020
Cape Verde	List	Olavo Correia	Movement for Democracy	22 April 2016
Central African Republic	List	Félix Moloua	Independent	11 April 2016
Chad	List	Tahir Hamid Nguilin	Patriotic Salvation Movement	21 November 2017
Chile	List	Mario Marcel		11 March 2022
China	List	Liu Kun	Communist Party	19 March 2018
Colombia	List	José Antonio Ocampo	Colombian Liberal Party	7 August 2022
Comoros		Said Ali Said Chayhane		31 May 2016
Republic of the Congo	List	Calixte Ganongo	Party of Labour	30 April 2016
Democratic Republic of the Congo	List	Henri Yav Mulang	Alliance of the Presidential Majority	7 December 2014
Costa Rica	List	Elián Villegas Valverde	Citizens’ Action Party	28 May 2020
Croatia	List	Zdravko Marić	Croatian Democratic Union	22 January 2016
Cuba	List	Lina Olinda Pedraza Rodríguez	Communist Party	2 March 2009
Cyprus	List	Harris Georgiades	Democratic Rally	3 April 2013
Czech Republic	List	Zbyněk Stanjura	ODS	17 December 2021
Denmark	List	Nicolai Wammen	Social Democrats	28 November 2016
Djibouti		Ilyas Moussa Dawaleh	People’s Rally for Progress	10 May 2011
Dominica	List	Irving McIntyre	Labour Party	13 December 2022
Dominican Republic	List	Donald Guerrero	Liberation Party	16 August 2016
East Timor	List	Rui Augusto Gomes		23 November 2020
Ecuador	List	Pablo Arosemena		24 May 2021
Egypt	List	Amr al-Garhy	Independent	23 March 2016
El Salvador		Alejandro Zelaya		28 July 2020
Equatorial Guinea	List	Marcelino Owono Edu	Democratic Party	22 May 2012
Eritrea	List	Berhane Habtemariam	People’s Front for Democracy and Justice	December 2012
Estonia	List	Toomas Tõniste	Pro Patria and Res Publica Union	12 June 2017
Eswatini	List	Neal Rijkenberg		6 November 2018
Ethiopia	List	Abraham Tekeste	People’s Revolutionary Democratic Front	1 November 2016
Fiji	List	Biman Prasad	NFP	24 December 2022
Finland	List	Annika Saarikko	Centre	27 May 2021
France	List	Bruno Le Maire	Republicans	17 May 2017
Gabon	List	Mathias Otounga Ossibadjouo	Democratic Party	2 October 2016
Gambia	List	Mambury Njie	United Democratic Party	29 June 2018
Georgia	List	Ivane Matchavariani	Georgian Dream	12 July 2018
Germany	List	Christian Lindner	Free Democratic Party	8 December 2021
Ghana	List	Ken Ofori-Atta	New Patriotic Party	27 January 2017
Greece	List	Christos Staikouras	New Democracy Party	7 July 2019
Grenada	List	Dickon Mitchell (prime minister)	National Democratic Congress	24 June 2022
Guatemala	List	Julio Héctor Estrada		14 January 2016
Guinea	List	Malado Kaba	Rally of the Guinean People	4 January 2016
Guinea-Bissau		João Aladje Mamadu Fadia	African Party for the Independence of Guinea and Cape Verde	13 December 2016
Guyana	List	Winston Jordan	Alliance for Change	20 May 2015
Haiti	List	Jude Alix Patrick Salomon		21 March 2017
Holy See
Honduras	List	Wilfredo Cerrato	National Party	9 August 2012
Hungary	List	Mihály Varga	Civic Alliance	7 March 2013
Iceland	List	Bjarni Benediktsson	Independence Party	30 November 2017
India	List	Nirmala Sitharaman	Bharatiya Janata Party	31 May 2019
Indonesia	List	Sri Mulyani Indrawati	Independent	27 July 2016
Iran	List	Masoud Karbasian		20 August 2017
Iraq	List	Hoshyar Zebari	Kurdistan Democratic Party	18 October 2014
Ireland	List	Michael McGrath	Fianna Fáil	17 December 2022
Israel	List	Bezalel Smotrich	Religious Zionist Party	29 December 2022
Italy	List	Daniele Franco	Independent	13 February 2021
Ivory Coast	List	Adama Koné	Democratic Party	11 January 2017
Jamaica	List	Nigel A. L. Clarke	Jamaica Labour Party	26 March 2018
Japan	List	Shun’ichi Suzuki	Liberal Democratic Party	4 October 2021
Jordan	List	Omar Malhas	Independent	9 November 2015
Kazakhstan	List	Bakhyt Sultanov	Nur Otan	6 November 2013
Kenya	List	Henry Rotich	National Alliance	15 May 2013
Kiribati	List	Teuea Toatu	Tobwaan Kiribati Party	15 March 2016
North Korea	List	Choe Kwang-jin	Workers’ Party	February 2012
South Korea	List	Choo Kyung-ho	People Power Party	10 May 2022
Kuwait	List	Anas Khalid Al Saleh	Independent	6 January 2014
Kyrgyzstan	List	Adylbek Kasymaliyev		4 November 2015
Laos	List	Bounchom Oubonpaseuth	People’s Revolutionary Party	22 March 2021
Latvia	List	Dana Reizniece-Ozola	For Latvia and Ventspils	11 February 2016
Lebanon	List	Ghazi Wazni		21 January 2020
Lesotho	List	Moeketsi Majoro	All Basotho Convention	23 June 2017
Liberia	List	Boima Kamara	Unity Party	15 April 2016
Libya	List	Khaled Al Mabrouk Abdullah	Independent	15 March 2021
Liechtenstein		Adrian Hasler	Progressive Citizens’ Party	27 March 2013
Lithuania	List	Vilius Šapoka	Independent	24 November 2016
Luxembourg	List	Yuriko Backes	Democratic Party	5 January 2022
Madagascar	List	Vonintsalama Andriambololona		18 July 2017
Malawi	List	Felix Mlusu	Malawi Congress Party	29 June 2020
Malaysia	List	Anwar Ibrahim	Pakatan Harapan (People’s Justice Party)	15 March 1991 – 2 September 1998 (first term) 3 December 2022 (second term)
Maldives	List	Ibrahim Ameer	Maldivian Democratic Party	17 Nov 2018
Mali	List	Boubou Cissé		16 January 2016
Malta	List	Clyde Caruana	Labour Party	22 November 2020
Marshall Islands	List	Brenson Wase	Independent	1 February 2016
Mauritania		Moktar Ould Diay	Union for the Republic	16 January 2015
Mauritius	List	Pravind Jugnauth	Militant Socialist Movement	25 May 2016
Mexico	List	Rogelio Ramírez de la O	National Regeneration Movement	3 August 2021
Micronesia		Eugene Amor	Independent	11 May 2019
Moldova	List	Octavian Armasu	Political Alliance for a European Moldova	20 January 2016
Monaco	List	Jean Castellini		26 December 2012
Mongolia	List	Chimed Khürelbaatar	People’s Party	20 October 2017
Montenegro	List	Darko Radunović	Democratic Party of Socialists	28 November 2016
Morocco	List	Mohamed Boussaid	National Rally of Independents	10 October 2013
Mozambique	List	Adriano Maleiane	Liberation Front	19 January 2015
Myanmar	List	Win Shein	Independent	1 February 2021
Namibia	List	Iipumbu Shiimi	Southwest Africa People’s Organisation	23 March 2020
Nauru	List	Martin Hunt	Independent	28 September 2019
Nepal	List	Bishnu Prasad Paudel	Communist Party of Nepal (Unified Marxist–Leninist)	26 December 2022
Netherlands	List	Sigrid Kaag	Democrats 66	10 January 2022
New Zealand	List	Grant Robertson	New Zealand Labour Party	26 October 2017
Nicaragua		Iván Acosta Montalván	Sandinista National Liberation Front	15 February 2012
Niger	List	Hassoumi Massaoudou	Party for Democracy and Socialism	19 October 2016
Nigeria	List	Zainab Ahmed		14 Stepmber 2018
North Macedonia	List	Dragan Tevdovski	Social Democratic Union	31 May 2017
Norway	List	Trygve Slagsvold Vedum	Centre Party	14 October 2021
Oman	List	Darwish bin Ismail al-Balushi	Independent	7 March 2011
Pakistan	List	Miftah Ismail	Pakistan Muslim League (Nawaz)	19 April 2022
Palau		Elbuchel Sadang	Independent	29 April 2013
Palestine^[4]	List	Shukri Bishara		6 June 2013
Panama		Dulcidio de la Guardia	Panameñista Party	1 July 2014
Papua New Guinea	List	John Pundari	Melanesian Liberal Party	20 December 2020
Paraguay	List	Oscar Llamosas Díaz		29 October 2020
Peru	List	Alex Contreras	Independent	11 December 2022
Philippines	List	Benjamin Diokno		30 June 2022
Poland	List	Teresa Czerwińska		9 January 2018
Portugal	List	Fernando Medina	Socialist	30 March 2022
Qatar	List	Ali bin Ahmed Al Kuwari	Independent	18 May 2021
Romania	List	Adrian Câciu	Social Democratic Party	25 November 2021
Russia	List	Anton Siluanov	United Russia	27 September 2011
Rwanda	List	Uzziel Ndagijimana		April 2018
Saint Kitts and Nevis	List	Terrance Drew	Saint Kitts and Nevis Labour Party	13 August 2022
Saint Lucia		Philip Joseph Pierre	Saint Lucia Labour Party	28 July 2021
Saint Vincent and the Grenadines	List	Camillo Gonsalves	Unity Labour Party	10 November 2017
Samoa	List	Mulipola Anarosa Ale Molioo	FAST Party	24 May 2021
San Marino	List	Marco Gatti
São Tomé and Príncipe		Américo d’Oliveira dos Ramos	Independent Democratic Action	29 November 2014
Saudi Arabia	List	Mohammed Al-Jadaan		31 October 2016
Senegal	List	Abdoulaye Daouda Diallo		7 April 2019
Serbia	List	Siniša Mali	Progressive Party	29 May 2018
Seychelles	List	Naadir Hassan	Linyon Demokratik Seselwa	3 November 2020
Sierra Leone	List	Dennis Vandi		12 May 2021
Singapore	List	Lawrence Wong	People’s Action Party	15 May 2021
Slovakia	List	Igor Matovič	Ordinary People	1 April 2021
Slovenia	List	Andrej Šircelj		13 March 2020
Solomon Islands	List	Snyder Rini	Social Credit Party	December 2007
Somalia	List	Abdirahman Duale Beyle	Independent	29 March 2017
South Africa	List	Enoch Godongwana	African National Congress	5 August 2021
South Sudan	List	David Deng Athorbie	Sudan People’s Liberation Movement	12 January 2015
Spain	List	María Jesús Montero	Spanish Socialist Workers’ Party	7 June 2018
Sri Lanka	List	Ranil Wickremesinghe	United National Party	25 May 2022
Sudan	List	Mohamed Osman al-Rikabi	National Congress	12 May 2017
Suriname	List	Armand Achaibersing	Progressive Reform Party	14 July 2020^[5]
Sweden	List	Mikael Damberg	Social Democratic Party	30 November 2021
Switzerland	List	Ueli Maurer	People’s Party	1 January 2016
Syria	List	Maamoun Hamdan	Arab Socialist Ba’ath Party	3 July 2016
Tajikistan		Abdusalom Qurbonov	People’s Democratic Party	29 November 2013
Tanzania	List	Philip Mpango	Chama Cha Mapinduzi	23 December 2015
Thailand	List	Arkhom Termpittayapaisith	Independent	1 October 2020
Togo	List	Sani Yaya	Union for the Republic	1 August 2016
Tonga	List	Pohiva Tu’i’onetoa	Democratic Party of the Friendly Islands	5 September 2017
Trinidad and Tobago	List	Colm Imbert	People’s National Movement	11 September 2015
Tunisia	List	Sihem Boughdiri	Independent	11 October 2021
Turkey	List	Nureddin Nebati	Justice and Development Party	2 December 2021
Turkmenistan	List	Dovletgeldy Sadykov	Democratic Party	8 July 2011
Tuvalu	List	Maatia Toafa	Independent	5 August 2013
Uganda	List	Matia Kasaija	National Resistance Movement	1 March 2015
Ukraine	List	Serhiy Marchenko	Independent	20 March 2020
United Arab Emirates	List	Maktoum bin Mohammed Al Maktoum	N/A	25 September 2021
United Kingdom	List	Jeremy Hunt	Conservative Party	14 October 2022
United States	List	Janet Yellen	Democratic Party	26 January 2021^[6]
Uruguay	List	Azucena Arbeleche	National Party	1 March 2020
Uzbekistan	List	Batyr Khojayev		15 December 2016
Vanuatu	List	John Salong	Land and Justice Party	4 November 2022
Vatican City	List	Maximino Caballero Ledo		1 December 2022
Venezuela	List	Simón Zerpa	United Socialist Party	26 October 2017
Vietnam	List	Hồ Đức Phớc	Communist Party	13 April 2021
Yemen	List	Ahmad Obaid al-Fadhli		18 September 2016
Saleh Ahmad Shaaban Disputed		28 November 2016
Zambia	List	Dr Bwalya Ngandu		14 February 2018
Zimbabwe	List	Mthuli Ncube		7 September 2018

List of Current Minister of Finance

States with limited recognition, non-UN member states

State	List	Finance minister	Party	Assumed office
Abkhazia (Republic of Abkhazia)		Artur Mikvabia	United Abkhazia	17 October 2014
Kosovo (Republic of Kosovo)	List	Agim Krasniqi
Nagorno-Karabakh (Republic of Artsakh)		Spartak Tevosyan		4 July 2015
Northern Cyprus (Turkish Republic of Northern Cyprus)	List	Hasan Başoğlu	Republican Turkish Party	15 July 2015
Northern Ireland	List	Conor Murphy	Sinn Féin	11 January 2020
Sahrawi Republic (Sahrawi Arab Democratic Republic)		Unknown
Scotland	List	Kate Forbes	Scottish National Party	17 February 2020
Somaliland (Republic of Somaliland)		Saad Ali Shire	Peace, Unity, and Development Party	December 2017
South Ossetia (Republic of South Ossetia–the State of Alania)		Aza Habalova		5 August 2009
Taiwan (Republic of China)	List	Chuang Tsui-yun		31 January 2023
Transnistria (Pridnestrovian Moldavian Republic)		Tatyana Kirova^[7]		1 January 2018
Wales	List	Rebecca Evans	Welsh Labour	13 December 2018

List of Current Minister of Finance

Excluded entities

Entity	List	Finance minister	Party	Assumed office
European Union	List	Paolo Gentiloni	Democratic Party	1 December 2019
Sovereign Military Order of Malta		János Esterházy de Galántha	Independent	31 May 2014

List of Current Minister of Finance

Ministry of Finance

A Ministry of Finance is a government department or agency responsible for managing a country’s financial affairs. The specific functions of a Ministry of Finance can vary depending on the country but generally include:

Developing and implementing national economic policies and strategies
Preparing and managing the national budget, including revenue collection and expenditure allocation
Managing public debt and financial assets
Overseeing taxation policies and administration
Providing economic and financial analysis and advice to the government and other stakeholders
Representing the country in international financial institutions and negotiations
Monitoring and regulating financial institutions and markets

The Ministry of Finance plays a crucial role in promoting economic growth and stability, ensuring efficient use of public resources, and maintaining sound fiscal management. The Ministry works closely with other government agencies, such as the central bank, as well as with private sector stakeholders to achieve its objectives.

Some more functions are as follows –

In addition to the above functions, some Ministries of Finance may also be responsible for managing international development assistance and coordinating with donors and development partners. This is particularly important for developing countries that rely heavily on external assistance for their economic and social development.

Ministries of Finance are typically headed by a Minister of Finance, who is a senior government official responsible for the overall management and direction of the department or agency. In many countries, the Minister of Finance is a member of the cabinet or executive branch of government and reports directly to the head of state or government.

The staff of a Ministry of Finance typically includes economists, financial analysts, tax experts, accountants, and other professionals with expertise in financial management and policy. These professionals work together to develop and implement economic policies, prepare the national budget, monitor public finances, and provide advice and support to the government on financial matters.

Overall, the Ministry of Finance plays a critical role in the economic development and management of a country, and its effective functioning is essential for achieving sustainable and inclusive economic growth, reducing poverty, and improving the well-being of citizens.