Ministry of Finance (Malawi)
| Agency overview | |
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| Formed | 1963 |
| Type | Executive Department |
| Jurisdiction | Government of Malawi |
| Headquarters | Lilongwe |
| Minister responsible | |
| Agency executive |
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| Parent department | Government of Malawi |
| Key document | |
| Part of a series on |
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 Malawi portal |
The Malawian Ministry of Finance (Chichewa: Unduna wa Chuma), (Chitumbuka: Unduna wavya Chuma) is a Malawian ministry. The ministry is responsible for state finance, including taxation, the state budget, and economic policy in Malawi.
The current minister of finance is Sosten Gwengwe (Malawi Congress Party).[1] The department reports to the Parliament of Malawi.
History
[edit]The ministry of finance was established in 1963 during the colonial period of Malawi. The first Ministers of Finance was Henry Phillips from 1963 to 1964.[2]
Organization
[edit]The ministry is divided into the following sections:
- Financial Markets Department
- Tax Law Department
- Political staff
- Information Unit
- Asset Management Department
- Budget Department
- Tax Policy Department
- Economic Policy Department
- Department of Administrative Affairs
Subsidiaries
[edit]The following government agencies are subordinate to the ministry:
- The Government Pension Fund of Malawi
- National Insurance Scheme Fund
- Bank of Malawi
- Malawian Customs and Excise Authorities
- Malawian Financial Supervisory Authority
- Malawian Government Agency for Financial Management
- Malawian National Collection Agency
- Malawian Tax Administration
- Statistics Malawi
See also
[edit]References
[edit]- ^ Ngwira, Robert (2014-02-14). "Get to know Sosten Gwengwe, JB's running mate". Face of Malawi. Retrieved 2024-04-06.
- ^ From Obscurity to Bright Dawn: How Nyasaland Became Malawi — An Insider’s Account, by Sir Henry Phillips. London: 1998. Radcliffe Press
| Colonial era (1963–1964) |
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| Post-colonial era (1964–present) |
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