Minister of Finance

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.

Minister of Finance
Minister of Finance

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.

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 –

StateListFinance ministerPartyAssumed office
 AfghanistanListGul Agha Ishakzai (acting)Taliban24 August 2021
 AlbaniaListDelina IbrahimajSocialist Party18 September 2021
 AlgeriaListAbderrahmane RaouiaNational Liberation Front25 May 2017
 AndorraListÈric JoverDemocrats for Andorra22 May 2019
 AngolaListVera DavesPeople’s Movement for the Liberation of Angola8 October 2019
 Antigua and BarbudaListGaston BrowneLabour Party13 June 2014
 ArgentinaListSergio MassaFrente de Todos (2019 coalition)28 July 2022
 ArmeniaListAtom JanjughazyanRepublican Party12 May 2018
 AustraliaListJim ChalmersAustralian Labor Party23 May 2022
 AustriaListMagnus BrunnerPeople’s Party6 December 2021
 AzerbaijanListSamir SharifovIndependent18 April 2006
 BahamasListPeter TurnquestFree National Movement12 May 2017
 BahrainListSalman bin Khalifa Al-KhalifaIndependent4 December 2018
 BangladeshListMustafa KamalAwami League7 January 2019
 BarbadosListMia Amor MottleyBarbados Labour Party25 May 2018
 BelarusListVladimir AmarinIndependent6 November 2014
 BelgiumListVincent Van PeteghemChristian Democratic and Flemish1 October 2020
 BelizeListJohn BriceñoPeople’s United Party12 November 2020
 BeninListRomuald WadagniIndependent6 April 2016
 BhutanListNamgay TsheringDruk Nyamrup Tshogpa7 November 2018
 BoliviaListMario Alberto GuillénMovement for Socialism26 June 2017
 Bosnia and HerzegovinaListZoran TegeltijaAlliance of Independent Social Democrats25 January 2023
 BotswanaListThapelo MatshekaDemocratic Party6 November 2019
 BrazilListFernando HaddadPT1 January 2023
 BruneiListHassanal BolkiahIndependent26 February 1997
 BulgariaListRositsa Velkova[1]2 August 2022
 Burkina FasoListRosine Sori-CoulibalyPeople’s Movement for Progress13 January 2016
 BurundiDomitien NdihokubwayoNational Council for the Defense of DemocracyMay 2016[2]
 CambodiaListAun Porn MonirothPeople’s Party26 September 2013
 CameroonListAlamine Ousmane Mey[3]People’s Democratic Movement11 December 2012
 CanadaListChrystia FreelandLiberal Party18 August 2020
 Cape VerdeListOlavo CorreiaMovement for Democracy22 April 2016
 Central African RepublicListFélix MolouaIndependent11 April 2016
 ChadListTahir Hamid NguilinPatriotic Salvation Movement21 November 2017
 ChileListMario Marcel11 March 2022
 ChinaListLiu KunCommunist Party19 March 2018
 ColombiaListJosé Antonio OcampoColombian Liberal Party7 August 2022
 ComorosSaid Ali Said Chayhane31 May 2016
 Republic of the CongoListCalixte GanongoParty of Labour30 April 2016
 Democratic Republic of the CongoListHenri Yav MulangAlliance of the Presidential Majority7 December 2014
 Costa RicaListElián Villegas ValverdeCitizens’ Action Party28 May 2020
 CroatiaListZdravko MarićCroatian Democratic Union22 January 2016
 CubaListLina Olinda Pedraza RodríguezCommunist Party2 March 2009
 CyprusListHarris GeorgiadesDemocratic Rally3 April 2013
 Czech RepublicListZbyněk StanjuraODS17 December 2021
 DenmarkListNicolai WammenSocial Democrats28 November 2016
 DjiboutiIlyas Moussa DawalehPeople’s Rally for Progress10 May 2011
 DominicaListIrving McIntyreLabour Party13 December 2022
 Dominican RepublicListDonald GuerreroLiberation Party16 August 2016
 East TimorListRui Augusto Gomes23 November 2020
 EcuadorListPablo Arosemena24 May 2021
 EgyptListAmr al-GarhyIndependent23 March 2016
 El SalvadorAlejandro Zelaya28 July 2020
 Equatorial GuineaListMarcelino Owono EduDemocratic Party22 May 2012
 EritreaListBerhane HabtemariamPeople’s Front for Democracy and JusticeDecember 2012
 EstoniaListToomas TõnistePro Patria and Res Publica Union12 June 2017
 EswatiniListNeal Rijkenberg6 November 2018
 EthiopiaListAbraham TekestePeople’s Revolutionary Democratic Front1 November 2016
 FijiListBiman PrasadNFP24 December 2022
 FinlandListAnnika SaarikkoCentre27 May 2021
 FranceListBruno Le MaireRepublicans17 May 2017
 GabonListMathias Otounga OssibadjouoDemocratic Party2 October 2016
 GambiaListMambury NjieUnited Democratic Party29 June 2018
 GeorgiaListIvane MatchavarianiGeorgian Dream12 July 2018
 GermanyListChristian LindnerFree Democratic Party8 December 2021
 GhanaListKen Ofori-AttaNew Patriotic Party27 January 2017
 GreeceListChristos StaikourasNew Democracy Party7 July 2019
 GrenadaListDickon Mitchell (prime minister)National Democratic Congress24 June 2022
 GuatemalaListJulio Héctor Estrada14 January 2016
 GuineaListMalado KabaRally of the Guinean People4 January 2016
 Guinea-BissauJoão Aladje Mamadu FadiaAfrican Party for the Independence of Guinea and Cape Verde13 December 2016
 GuyanaListWinston JordanAlliance for Change20 May 2015
 HaitiListJude Alix Patrick Salomon21 March 2017
  Holy See
 HondurasListWilfredo CerratoNational Party9 August 2012
 HungaryListMihály VargaCivic Alliance7 March 2013
 IcelandListBjarni BenediktssonIndependence Party30 November 2017
 IndiaListNirmala SitharamanBharatiya Janata Party31 May 2019
 IndonesiaListSri Mulyani IndrawatiIndependent27 July 2016
 IranListMasoud Karbasian20 August 2017
 IraqListHoshyar ZebariKurdistan Democratic Party18 October 2014
 IrelandListMichael McGrathFianna Fáil17 December 2022
 IsraelListBezalel SmotrichReligious Zionist Party29 December 2022
 ItalyListDaniele FrancoIndependent13 February 2021
 Ivory CoastListAdama KonéDemocratic Party11 January 2017
 JamaicaListNigel A. L. ClarkeJamaica Labour Party26 March 2018
 JapanListShun’ichi SuzukiLiberal Democratic Party4 October 2021
 JordanListOmar MalhasIndependent9 November 2015
 KazakhstanListBakhyt SultanovNur Otan6 November 2013
 KenyaListHenry RotichNational Alliance15 May 2013
 KiribatiListTeuea ToatuTobwaan Kiribati Party15 March 2016
 North KoreaListChoe Kwang-jinWorkers’ PartyFebruary 2012
 South KoreaListChoo Kyung-hoPeople Power Party10 May 2022
 KuwaitListAnas Khalid Al SalehIndependent6 January 2014
 KyrgyzstanListAdylbek Kasymaliyev4 November 2015
 LaosListBounchom OubonpaseuthPeople’s Revolutionary Party22 March 2021
 LatviaListDana Reizniece-OzolaFor Latvia and Ventspils11 February 2016
 LebanonListGhazi Wazni21 January 2020
 LesothoListMoeketsi MajoroAll Basotho Convention23 June 2017
 LiberiaListBoima KamaraUnity Party15 April 2016
 LibyaListKhaled Al Mabrouk AbdullahIndependent15 March 2021
 LiechtensteinAdrian HaslerProgressive Citizens’ Party27 March 2013
 LithuaniaListVilius ŠapokaIndependent24 November 2016
 LuxembourgListYuriko BackesDemocratic Party5 January 2022
 MadagascarListVonintsalama Andriambololona18 July 2017
 MalawiListFelix MlusuMalawi Congress Party29 June 2020
 MalaysiaListAnwar IbrahimPakatan Harapan (People’s Justice Party)15 March 1991 – 2 September 1998 (first term)
3 December 2022 (second term)
 MaldivesListIbrahim AmeerMaldivian Democratic Party17 Nov 2018
 MaliListBoubou Cissé16 January 2016
 MaltaListClyde CaruanaLabour Party22 November 2020
 Marshall IslandsListBrenson WaseIndependent1 February 2016
 MauritaniaMoktar Ould DiayUnion for the Republic16 January 2015
 MauritiusListPravind JugnauthMilitant Socialist Movement25 May 2016
 MexicoListRogelio Ramírez de la ONational Regeneration Movement3 August 2021
 MicronesiaEugene AmorIndependent11 May 2019
 MoldovaListOctavian ArmasuPolitical Alliance for a European Moldova20 January 2016
 MonacoListJean Castellini26 December 2012
 MongoliaListChimed KhürelbaatarPeople’s Party20 October 2017
 MontenegroListDarko RadunovićDemocratic Party of Socialists28 November 2016
 MoroccoListMohamed BoussaidNational Rally of Independents10 October 2013
 MozambiqueListAdriano MaleianeLiberation Front19 January 2015
 MyanmarListWin SheinIndependent1 February 2021
 NamibiaListIipumbu ShiimiSouthwest Africa People’s Organisation23 March 2020
 NauruListMartin HuntIndependent28 September 2019
   NepalListBishnu Prasad PaudelCommunist Party of Nepal (Unified Marxist–Leninist)26 December 2022
 NetherlandsListSigrid KaagDemocrats 6610 January 2022
 New ZealandListGrant RobertsonNew Zealand Labour Party26 October 2017
 NicaraguaIván Acosta MontalvánSandinista National Liberation Front15 February 2012
 NigerListHassoumi MassaoudouParty for Democracy and Socialism19 October 2016
 NigeriaListZainab Ahmed14 Stepmber 2018
 North MacedoniaListDragan TevdovskiSocial Democratic Union31 May 2017
 NorwayListTrygve Slagsvold VedumCentre Party14 October 2021
 OmanListDarwish bin Ismail al-BalushiIndependent7 March 2011
 PakistanListMiftah IsmailPakistan Muslim League (Nawaz)19 April 2022
 PalauElbuchel SadangIndependent29 April 2013
 Palestine[4]ListShukri Bishara6 June 2013
 PanamaDulcidio de la GuardiaPanameñista Party1 July 2014
 Papua New GuineaListJohn PundariMelanesian Liberal Party20 December 2020
 ParaguayListOscar Llamosas Díaz29 October 2020
 PeruListAlex ContrerasIndependent11 December 2022
 PhilippinesListBenjamin Diokno30 June 2022
 PolandListTeresa Czerwińska9 January 2018
 PortugalListFernando MedinaSocialist30 March 2022
 QatarListAli bin Ahmed Al KuwariIndependent18 May 2021
 RomaniaListAdrian CâciuSocial Democratic Party25 November 2021
 RussiaListAnton SiluanovUnited Russia27 September 2011
 RwandaListUzziel NdagijimanaApril 2018
 Saint Kitts and NevisListTerrance DrewSaint Kitts and Nevis Labour Party13 August 2022
 Saint LuciaPhilip Joseph PierreSaint Lucia Labour Party28 July 2021
 Saint Vincent and the GrenadinesListCamillo GonsalvesUnity Labour Party10 November 2017
 SamoaListMulipola Anarosa Ale MoliooFAST Party24 May 2021
 San MarinoListMarco Gatti
 São Tomé and PríncipeAmérico d’Oliveira dos RamosIndependent Democratic Action29 November 2014
 Saudi ArabiaListMohammed Al-Jadaan31 October 2016
 SenegalListAbdoulaye Daouda Diallo7 April 2019
 SerbiaListSiniša MaliProgressive Party29 May 2018
 SeychellesListNaadir HassanLinyon Demokratik Seselwa3 November 2020
 Sierra LeoneListDennis Vandi12 May 2021
 SingaporeListLawrence WongPeople’s Action Party15 May 2021
 SlovakiaListIgor MatovičOrdinary People1 April 2021
 SloveniaListAndrej Šircelj13 March 2020
 Solomon IslandsListSnyder RiniSocial Credit PartyDecember 2007
 SomaliaListAbdirahman Duale BeyleIndependent29 March 2017
 South AfricaListEnoch GodongwanaAfrican National Congress5 August 2021
 South SudanListDavid Deng AthorbieSudan People’s Liberation Movement12 January 2015
 SpainListMaría Jesús MonteroSpanish Socialist Workers’ Party7 June 2018
 Sri LankaListRanil WickremesingheUnited National Party25 May 2022
 SudanListMohamed Osman al-RikabiNational Congress12 May 2017
 SurinameListArmand AchaibersingProgressive Reform Party14 July 2020[5]
 SwedenListMikael DambergSocial Democratic Party30 November 2021
 SwitzerlandListUeli MaurerPeople’s Party1 January 2016
 SyriaListMaamoun HamdanArab Socialist Ba’ath Party3 July 2016
 TajikistanAbdusalom QurbonovPeople’s Democratic Party29 November 2013
 TanzaniaListPhilip MpangoChama Cha Mapinduzi23 December 2015
 ThailandListArkhom TermpittayapaisithIndependent1 October 2020
 TogoListSani YayaUnion for the Republic1 August 2016
 TongaListPohiva Tu’i’onetoaDemocratic Party of the Friendly Islands5 September 2017
 Trinidad and TobagoListColm ImbertPeople’s National Movement11 September 2015
 TunisiaListSihem BoughdiriIndependent11 October 2021
 TurkeyListNureddin NebatiJustice and Development Party2 December 2021
 TurkmenistanListDovletgeldy SadykovDemocratic Party8 July 2011
 TuvaluListMaatia ToafaIndependent5 August 2013
 UgandaListMatia KasaijaNational Resistance Movement1 March 2015
 UkraineListSerhiy MarchenkoIndependent20 March 2020
 United Arab EmiratesListMaktoum bin Mohammed Al MaktoumN/A25 September 2021
 United KingdomListJeremy HuntConservative Party14 October 2022
 United StatesListJanet YellenDemocratic Party26 January 2021[6]
 UruguayListAzucena ArbelecheNational Party1 March 2020
 UzbekistanListBatyr Khojayev15 December 2016
 VanuatuListJohn SalongLand and Justice Party4 November 2022
  Vatican CityListMaximino Caballero Ledo1 December 2022
 VenezuelaListSimón ZerpaUnited Socialist Party26 October 2017
 VietnamListHồ Đức PhớcCommunist Party13 April 2021
 YemenListAhmad Obaid al-Fadhli18 September 2016
Saleh Ahmad Shaaban
Disputed
28 November 2016
 ZambiaListDr Bwalya Ngandu14 February 2018
 ZimbabweListMthuli Ncube7 September 2018
List of Current Minister of Finance

States with limited recognition, non-UN member states

StateListFinance ministerPartyAssumed office
 Abkhazia (Republic of Abkhazia)Artur MikvabiaUnited Abkhazia17 October 2014
 Kosovo (Republic of Kosovo)ListAgim Krasniqi
 Nagorno-Karabakh (Republic of Artsakh)Spartak Tevosyan4 July 2015
 Northern Cyprus (Turkish Republic of Northern Cyprus)ListHasan BaşoğluRepublican Turkish Party15 July 2015
Northern IrelandListConor MurphySinn Féin11 January 2020
 Sahrawi Republic (Sahrawi Arab Democratic Republic)Unknown
 ScotlandListKate ForbesScottish National Party17 February 2020
 Somaliland (Republic of Somaliland)Saad Ali ShirePeace, Unity, and Development PartyDecember 2017
 South Ossetia (Republic of South Ossetia–the State of Alania)Aza Habalova5 August 2009
 Taiwan (Republic of China)ListChuang Tsui-yun31 January 2023
 Transnistria (Pridnestrovian Moldavian Republic)Tatyana Kirova[7]1 January 2018
 WalesListRebecca EvansWelsh Labour13 December 2018
List of Current Minister of Finance

Excluded entities

EntityListFinance ministerPartyAssumed office
 European UnionListPaolo GentiloniDemocratic Party1 December 2019
 Sovereign Military Order of MaltaJános Esterházy de GalánthaIndependent31 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:

  1. Developing and implementing national economic policies and strategies
  2. Preparing and managing the national budget, including revenue collection and expenditure allocation
  3. Managing public debt and financial assets
  4. Overseeing taxation policies and administration
  5. Providing economic and financial analysis and advice to the government and other stakeholders
  6. Representing the country in international financial institutions and negotiations
  7. 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.

Lists of current ministries of finance

Finance Department Lists of Various Countries

Jayveer Singh Negi
Jayveer Singh Negi

My name is Jayveer Singh Negi and I have done engineering in Computer Science. Basically, I am a resident of Gudam, a small village in Chamoli district of Uttarakhand state. I have been working as a network engineer in different companies for about 7 years and with this, I have always been interested in blogging, That's why I started this website with my friends.

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