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 established in 1963 during the colonial period of Malawi. 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. The first position was held by 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:
- Pension Fund Global
- 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