Ministry of Finance and Economy (Brunei) explained

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.

Departments

The ministry oversees the following departments:[3]

Budget

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]

List of ministers

First minister

No.PortraitMinisterTerm startTerm endTime in officeRef.
1Hassanal Bolkiah1 January 198421 October 1986[5]
2Jefri Bolkiah21 October 198623 February 1997
(1)Hassanal Bolkiah23 February 1997incumbent[6]

Second minister

No.PortraitMinisterTerm startTerm endTime in officeRef.
1Abdul Rahman Ibrahim24 May 200530 January 2018[7]
2Amin Liew Abdullah30 January 2018incumbent

Deputy minister

No.PortraitMinisterTerm startTerm endTime in officeRef.
1Ahmad Wally Skinner21 October 1986March 200316 years[8]
2Yakub Abu BakarMarch 200320 September 20041 year[9]
3Bahrin Abdullah29 May 201022 October 2015[10]
4Hisham Mohd Hanifah22 October 201530 January 2018[11]
5Amin Liew Abdullah
6Ahmaddin Abdul Rahman30 January 20187 June 2022[12]
7Khairuddin Abdul Hamid7 June 2022incumbent[13]
8Pengiran Zety Sufina

See also

References

Notes and References

  1. News: The Scoop . HM announces major cabinet shakeup — full list of appointees . 7 June 2022 . The Scoop . 21 July 2022 . live . https://web.archive.org/web/20220702120438/https://thescoop.co/2022/06/07/hm-announces-cabinet-reshuffle-full-list-of-new-appointees/ . 2 July 2022 .
  2. News: Muhammad Khairulanwar . Ali Rahman . Perlantikan, Pertukaran Menteri Kabinet, Timbalan Menteri . Pelita Brunei . 67 #69 . 8 June 2022 . 3–4 . ms . 21 July 2022 .
  3. Web site: Ministry of Finance and Economy - Departments . 2024-07-22 . www.mofe.gov.bn.
  4. News: Nabilah . Haris . MoFE proposes $1 billion budget for upcoming fiscal year . 27 February 2022 . The Scoop . 21 July 2022 . live . https://web.archive.org/web/20220227234326/https://thescoop.co/2022/02/27/mofe-proposes-1-billion-budget-for-upcoming-fiscal-year/ . 27 February 2022 .
  5. Web site: Ministry of Finance . dead . https://web.archive.org/web/20110706150722/http://www.finance.gov.bn/mof_temp/index.htm . 6 July 2011 . 27 October 2010 . The Government of Brunei Darussalam Official Website.
  6. Web site: Group of 30 :: Resources . group30.org.
  7. Web site: Scoop . The . 2018-01-30 . HM announces surprise cabinet reshuffle - full list of new appointees . 2022-12-30 . The Scoop . en-GB.
  8. Web site: Sultanate – News Negara Brunei Darussalam His Majesty pays last respects to late Pehin Dato Hj Awg Ahmad Wally Skinner . 2023-08-16 . www.sultanate.com.
  9. Book: Brunei Darussalam . 2003 . Broadcasting and Information Department, Ministry of Culture, Youth and Sports . 9 . en.
  10. News: Ucapan Setinggi-tinggi Tahniah . 1–2 . Ministry of Development Negara Brunei Darussalam . 2023-08-14.
  11. Book: Hennida . Citra . Respons Negara-Negara Asia Tenggara Terhadap Dominasi China . Wardhana . Agastya . Sahab . Ali . Saadah . Kholifatus . Pratiwi . Fadhila Inas . Ratmoko . Eko . 22 December 2020 . Airlangga University Press . 978-602-473-670-5 . 204 . id.
  12. News: 2022 . SCENE SETTING SPEAKER IN "THE ROLE OF FINANCIAL LITERACY IN ASEAN'S ECONOMIC PROSPERITY" PANEL DISCUSSION . ASEAN BAC .
  13. Web site: Bandial . Rasidah Hj Abu Bakar, Ain . 2022-06-07 . HM: New cabinet must carry out duties with 'full loyalty and responsibility' . 2023-09-14 . The Scoop . en-GB.