The Minister of Finance and Economic Affairs is a minister in the Cabinet of Malawi[1][2] who is responsible for the financial management of government affairs, including attending national budget, and developing economic policy.[3] The current minister is Simplex Chithyola Banda.[4][5][6][7][8]
Objectives
editFunctions of the Minister of Finance and Economic Affairs
- coordinating and preparing of annual budget
- preparing and reviewing of the National Economic Programme
- monitoringthe financial performance of public enterprises
- processing public finance management policy studies
- to give advice to the Minister of Finance and the Secretary to the Treasury on short to medium
- checking of macroeconomic performance relating to fiscal and monetary policies
- coordination policies in the financial sector including such areas as: banks, etc.
Ministers responsible for finance
editColonial era
edit- Henry Phillips, 1963–1964[9]
Post-colonial era
edit- John Tembo, 1964–1969[9]
- Aleke Banda, 1969–1972[9]
- Dick Matenje, 1972–1978
- Edward Bwanali, 1978–1980
- Louis Chimango, 1980–1981
- Chakakala Chaziya, 1981–1984
- Edward Bwanali, 1984–1986
- Stephen Chimwemwe Hara, 1986
- Dalton Katopola, 1986–1987
- Louis Chimango, 1987–1994
- Aleke Banda, 1994–1997
- Cassim Chilumpha, 1997–2000
- Mathews Chikaonda, 2000–2002
- Friday Jumbe, 2002–2004
- Goodall Gondwe, 2004–2009
- Ken Kandodo, 2009–2011
- Ken Lipenga, 2011–2013
- Maxwell Mkwezalamba, 2013–2014
- Goodall Gondwe, 2014–2019
- Joseph Mwanamvekha, 2019–2020
- Felix Mlusu, 2020–2022[10]
- Sosten Gwengwe, 2022–2023
- Simplex Chithyola Banda, 2023–
References
edit- ^ "Home". www.malawi.gov.mw. Retrieved 17 November 2023.
- ^ "Home". www.finance.gov.mw. Retrieved 17 November 2023.
- ^ "Economic Affairs". www.finance.gov.mw. Retrieved 17 November 2023.
- ^ "Government – Malawi High Commission Pretoria". www.malawihighcommission.co.za. Retrieved 17 November 2023.
- ^ Chikoti, Martha (15 November 2023). "Govt asked to name gains of previous 25 percent devaluation Malawi 24 | Latest News from Malawi". Malawi 24. Retrieved 17 November 2023.
- ^ "Malawi Finance minister ducks questions on Kwacha depreciation - Malawi Nyasa Times - News from Malawi about Malawi". www.nyasatimes.com. 13 November 2023. Retrieved 17 November 2023.
- ^ "Saudi development fund CEO receives Malawi finance minister". Arab News. 8 November 2023. Retrieved 17 November 2023.
- ^ "HOG". www.info.dfat.gov.au. Retrieved 17 November 2023.
- ^ a b c Bidwell, Robin (24 October 2018). Guide to Government Ministers: The British Empire and Successor States 1900-1972. Routledge. ISBN 9781317792253 – via Google Books.
- ^ "Minister's Profile".