The Minister of Finance(or simply, the Finance Minister, ( Nepali: अर्थ मन्त्री ) is the head of the Ministry of Finance of the Government of Nepal. One of the senior-most officers in the Federal Cabinet, the finance minister is responsible for the fiscal policy of the government. A key duty of the Finance Minister is to present the annual federal budget in Parliament, detailing the government's plan for taxation and spending in the coming financial year. Through the Budget, the finance minister also outlines allocations to all the ministries and departments. The Minister is assisted by the Minister of State for Finance and the junior Deputy Minister of Finance.[1][2]
| Minister of Finance Affairs | |
|---|---|
| अर्थ मन्त्री | |
.svg) | |
 | |
since 15 July 2024 | |
| Style | His Excellency |
| Member of | Council of Ministers |
| Reports to | Prime Minister |
| Nominator | Prime Minister |
| Appointer | The President |
| Term length | No fixed term |
| Formation | 21 February 1951 |
List of ministers of finance
editFormer Finance Ministers of the Kingdom of Nepal
editThis s a list of all former Finance Ministers of the Kingdom of Nepal and their appointments until 2008:[3]
- Subarna Shamsher Rana, February 1951
- Kaiser Shumsher Jang Bahadur Rana, 1952
- Matrika Prasad Koirala, June 1953
- S. Gunjaman Singh, January 1957
- C. B. Singh, July 1957
- Subarna Shamsher Rana, May 1958
- Rishikesh Shah, December 1960
- Surya Bahadur Thapa, July 1962
- Surendra Bahadur Basnet, September 1968
- Kirti Nidhi Bista, April 1969
- Gehendra Bahadur Rajbhandari, April 1970
- Kirti Nidhi Bista, April 1971
- Bhekh Bahadur Thapa, July 1973
- Ram Prasad Rajbahak, April 1979
- Surya Bahadur Thapa, May 1979
- Yadav Pant, June 1980
- Prakash Chandra Lohani, July 1983
- Bharat Bahadur Thapa, March 1986
- Pashupati Shamsher Jang Bahadur Rana, April 1990
- Devendra Raj Pandey, April 1990
- Girija Prasad Koirala, May 1991
- Mahesh Acharya, December 1991
- Bharat Mohan Adhikari, November 1994
- Ram Saran Mahat, September 1995
- Rabindra Nath Sharma, March 1997
- Ram Saran Mahat, April 1998
- Bharat Mohan Adhikari, December 1998
- Mahesh Acharya, May 1999
- Ram Saran Mahat, July 2001
- Badri Prasad Shrestha, October 2003
- Prakash Chandra Lohani, June 2003
- Bharat Mohan Adhikari, June 2004
- Madhukar Shamsher Rana, February 2005
Former Finance Ministers during the transition phase of Nepal
editThis is a list of former Finance Ministers of the Nepal during its transition phase (2008 - 2013):[citation needed]
| SN | Name | Party | Assumed office | Left office |
| 1 | Baburam Bhattarai[4] | Communist Party of Nepal (Maoist Centre) | 18 August 2008 | 25 May 2009 |
| 2 | Surendra Pandey[5] | Communist Party of Nepal (Unified Marxist–Leninist) | 25 May 2009 | 6 February 2011 |
| 3 | Bharat Mohan Adhikari | Communist Party of Nepal (Unified Marxist–Leninist) | 6 February 2011 | 4 September 2011 |
| 4 | Barsaman Pun[6] | Communist Party of Nepal (Maoist Centre) | 4 September 2011 | March 2013 |
| 5 | Shanker Prasad Koirala | independent | 18 March 2013 | 11 February 2014 |
Former and current Finance Ministers since 2013
editThis is a list of all former Finance Ministers since the Nepalese Constituent Assembly election in 2013:
- Key
- ‡- Current Finance Minister
| SN | Name | Party | Assumed office | Left office |
| 1 | Ram Saran Mahat[7] | Nepali Congress | 25 February 2014 | 12 October 2015 |
| 2 | Bishnu Prasad Paudel | Communist Party of Nepal (Unified Marxist–Leninist) | 5 November 2015 | 1 August 2016 |
| 3 | Krishna Bahadur Mahara[8] | Communist Party of Nepal (Maoist Centre) | 4 August 2016 | 31 May 2017 |
| 4 | Gyanendra Bahadur Karki[9] | Nepali Congress | 7 June 2017 | 15 February 2018 |
| 5 | Yuba Raj Khatiwada[a] | Communist Party of Nepal (NCP) | 16 March 2018[11] | 4 September 2020[12] |
| 6 | Bishnu Prasad Paudel | CPN UML | 14 October 2020[13] | 13 July 2021 |
| 7 | Janardan Sharma | CPN (Maoist) | 13 July 2021[14] | 7 July 2022 |
| 8 | ‡ Sher Bahadur Deuba | Nepali Congress | 7 July 2022[15] | Incumbent |
References
edit- ^ "अर्थ मन्त्रालय". moha.gov.np (in Nepali). Retrieved 2022-01-29.
- ^ "Council of Ministers | Office of the Prime Minister and Council of Ministers". Retrieved 2022-01-29.
- ^ "नेपालका पूर्व अर्थ मन्त्रीहरु" (in Nepali). Government of Nepal. Archived from the original on 3 April 2018. Retrieved 1 April 2018.
- ^ "Prachanda elected PM with 464 votes". nepalnews.com. Archived from the original on 22 November 2008. Retrieved 15 August 2008.
- ^ "Backgrounder: Nepali cabinet member list". People.cn. Archived from the original on 1 December 2017. Retrieved 1 November 2017.
- ^ "PM Bhattarai swears in 13 more Cabinet members". The Kathmandu Post. Retrieved 15 October 2017.
- ^ "Meet the new cabinet of ministers". Nepali Times. Retrieved 1 October 2017.
- ^ "Prime Minister Dahal expands Cabinet, adds three ministers". The Himalayan Times. 8 August 2016. Retrieved 11 November 2017.
- ^ "Deuba sworn in as 40th PM, forms Cabinet by inducting 7 ministers". The Kathmandu Post. Retrieved 20 October 2017.
- ^ "Yubaraj Khatiwada resigns as finance minister, likely to be reappointed today". The Himalayan Times. 4 March 2020. Retrieved 26 May 2020.
- ^ "PM inducts 15 new ministers in his Cabinet". The Kathmandu Post. Retrieved 1 April 2018.
- ^ "Yubaraj Khatiwada resigns as finance and communication minister". kathmandupost.com. Retrieved 4 September 2020.
- ^ "मन्त्रिपरिषद पुनर्गठन : ईश्वर पोखरेलको मन्त्रालय खोसियो, विष्णु पौडेललाई अर्थ (सूचीसहित)". Onlinekhabar (in Nepali). Retrieved 14 October 2020.
- ^ "Newly-appointed PM Deuba, four ministers take oath of office and secrecy". myrepublica. Retrieved 13 July 2021.
- ^ "PM Sher Bahadur Deuba to look after Ministry of Finance". sharesansar. Retrieved 16 July 2022.