Ministry of Finance and Economy | |
Type: | Ministry |
Jurisdiction: | Government of Brunei |
Headquarters: | Bandar Seri Begawan, Brunei |
Budget: | $1 billion BND (2022) |
Minister1 Name: | Sultan Hassanal Bolkiah |
Minister1 Pfo: | Minister of Finance and Economy |
Minister2 Name: | Mohd. Amin Liew Abdullah |
Minister2 Pfo: | Second Minister of Finance and Economy (also Minister at the Prime Minister's Office) |
Deputyminister1 Name: | Khairuddin Abdul Hamid |
Deputyminister1 Pfo: | Deputy Minister of Finance and Economy |
Deputyminister2 Name: | Pengiran Zety Sufina Pengiran Sani |
Deputyminister2 Pfo: | Deputy Minister of Finance and Economy |
Footnotes: | [1] [2] |
The Ministry of Finance and Economy (MoFE;) is a cabinet-level ministry in the government of Brunei which is responsible for the monetary, fiscal and economic policies and development in the country. It was established immediately upon Brunei's independence on 1 January 1984. It is currently led by a minister in which the incumbent is Hassanal Bolkiah, the Sultan of Brunei, as well as a second minister and two deputy ministers.
The ministry oversees the following departments:[3]
In the fiscal year 2022–23, the ministry has been allocated a budget of B$1 billion, an eight percent increase from the previous year.[4]
No. | Portrait | Minister | Term start | Term end | Time in office | Ref. | |
---|---|---|---|---|---|---|---|
1 | Hassanal Bolkiah | 1 January 1984 | 21 October 1986 | [5] | |||
2 | Jefri Bolkiah | 21 October 1986 | 23 February 1997 | ||||
(1) | Hassanal Bolkiah | 23 February 1997 | incumbent | [6] |
No. | Portrait | Minister | Term start | Term end | Time in office | Ref. | |
---|---|---|---|---|---|---|---|
1 | Abdul Rahman Ibrahim | 24 May 2005 | 30 January 2018 | [7] | |||
2 | Amin Liew Abdullah | 30 January 2018 | incumbent |
No. | Portrait | Minister | Term start | Term end | Time in office | Ref. |
---|---|---|---|---|---|---|
1 | Ahmad Wally Skinner | 21 October 1986 | March 2003 | 16 years | [8] | |
2 | Yakub Abu Bakar | March 2003 | 20 September 2004 | 1 year | [9] | |
3 | Bahrin Abdullah | 29 May 2010 | 22 October 2015 | [10] | ||
4 | Hisham Mohd Hanifah | 22 October 2015 | 30 January 2018 | [11] | ||
5 | Amin Liew Abdullah | |||||
6 | Ahmaddin Abdul Rahman | 30 January 2018 | 7 June 2022 | [12] | ||
7 | Khairuddin Abdul Hamid | 7 June 2022 | incumbent | [13] | ||
8 | Pengiran Zety Sufina |