- Finance minister
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The finance minister is a cabinet position in a government.
A minister of finance (also called financial affairs, the treasury, the economy, or economic affairs) has many different jobs in a government. He or she helps form the government budget, stimulate the economy, and control finances. Finance ministers are often found in state or provincial governments if that country has a form of federalism. Although in many cases, especially the Anglo-American world, the posts are merged, the Finances and Economy are separate Ministries across most of the globe.
The powers of a finance minister vary between governments. Sometimes the finance minister is the most powerful cabinet post, like in Canada or New Zealand. Other times they are unpopular posts if they must raise taxes or cut spending.
In the United States, the finance minister is called the Secretary of the Treasury, though there is a separate Treasurer of the United States, and it is the director of the Office of Management and Budget who drafts the budget. In the United Kingdom, the finance minister is called the Chancellor of the Exchequer. In Hong Kong it is called the Financial Secretary, though there is a Secretary for the Treasury subordinate to him. In Australia, the Treasurer is responsible for economic matters and is assisted by the Minister for Finance and Deregulation (formerly Finance and Administration) who heads a separate department.
In December 2010 The Banker recognised India's Pranab Mukherjee as their Finance Minister of the Year after making significant inroads into budget deficit reduction, throughout a turbulant year.[1]
- Angola: Minister of Finance (Angola)
- Argentina: Minister of Economy and Production
- Australia: Treasurer of Australia (with list)—There is also a Finance Minister who is junior to the Treasurer.
- Bahamas: Minister of Finance (Bahamas)—There is also a Minister of State for Finance who is junior to the Minister.
- Brazil: Ministry of Finance (Brazil)
- Bulgaria: Ministry of Finance (Bulgaria) (list)
- Canada: Minister of Finance (list)
- Chile:Ministry of Finance of Chile
- People's Republic of China: Minister of Finance; see also the Chairman of the National Development and Reform Commission and the Governor of the People's Bank of China
- Republic of China: Ministry of Finance
- Cyprus: Minister of Finance of the Republic of Cyprus
- Czech Republic: Finance Minister of the Czech Republic
- Denmark: Finance Minister (list)
- Dominican Republic: Ministry of Finance (list)
- Dominican Republic: Ministry of Economy
- Egypt: Minister of Finance (Egypt)
- Ethiopia: Ministry of Finance and Economic Development
- European Union: Commissioner for Economic and Financial Affairs
- Finland: Minister of Finance (with list)
- France: Minister of the Economy, Finance and Employment (list)
- Germany: Minister of Finance (list)
- Greece: Minister for Finance
- Hong Kong: Financial Secretary (with list), Secretary for the Treasury (under Financial Secretary)
- Hungary: Minister of Finance (with list)
- Iceland: Minister of Finance
- India: Finance Minister of India, (list)
- Indonesia: Minister of Finance (with list)
- Iraq: Minister of Finance (Iraq)
- Ireland: Minister for Finance (with list), Minister for Public Expenditure and Reform
- Israel: Finance Minister of Israel
- Italy: List of Ministers of Economy and Finance
- Jamaica: Minister of Finance
- Japan: Minister of Finance (with list)
- Lebanon: Minister of Finance
- Malaysia: Minister of Finance (Malaysia)
- Mexico: Secretary of Finance
- Montenegro: Ministry of Finance (with list)
- Netherlands: Ministry of Finance
- New Zealand: Minister of Finance (with list)
- Norway: Minister of Finance (with list)
- Pakistan: Finance Minister of Pakistan (with list)
- Peru: Ministry of Economy and Finance
- Philippines: Secretary of Finance (with list)
- Malta: Minister of Finance (with list)
- Poland: Minister of Finance
- Romania: Economy and Finance Minister of Romania
- Russia: Ministry of Finance of the Russian Federation. See also Finance Minister of Imperial Russia
- Samoa: Minister for Finance (with list)
- Serbia: Mirko Cvetković
- Singapore: Minister for Finance, Ministry of Finance
- South Africa: Minister of Finance
- South Korea: Ministry of Strategy and Finance
- Soviet Union: Ministry of Finance (Soviet Union) (List): See also chairman of the State Bank (Gosbank) and the chairman of the State Planning Committee (Gosplan)
- Spain: Minister of Economy and Finance
- Galicia: Ministry of Finance
- Sweden: Minister for Finance (with list)
- Switzerland: Member of the Federal Council heading the "Federal Department of Finance" (with list)
- Thailand: Ministry of Finance
- Uganda: Ministry of Finance, Planning and Economic Development
- United Kingdom: Chancellor of the Exchequer (with list)
- Uruguay: Minister for Economy and Finance
- United States: Secretary of the Treasury (with list)
- Vietnam: Ministry of Finance (Vietnam)
See also
References
- ^ Finance Minister of the Year The Banker
Common types of government ministers Prime Minister · Deputy Prime Minister
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- Finance ministers
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