Ministry of Economy and Finance (Peru)

Last updated
Minister of Economy and Finance
Ministerio de Economía y Finanzas
Jose Arista Arbildo (cropped).jpg
Incumbent
José Arista
since 13 February 2024
Style Minister
Reports to Prime Minister of Peru
Residence Ministry of Economy and Finance
Seat Palacio de Gobierno
Appointer President of Peru
Dina Boluarte
Term length At the President's pleasure
Inaugural holder José de San Martín (de facto)
José de la Riva-Agüero y Looz-Corswarem (first to bear the title)
FormationFebruary 28, 1823
SuccessionGeneral Secretary of Economy and Finance
DeputyDeputy Minister of Economy
Deputy Minister of Finance
Website https://www.mef.gob.pe/es/

The Ministry of Economy and Finance of Peru is the government ministry responsible for the planning and execution of economic policies of the Peruvian Government with the goal of optimizing the economic and financial activities of the state, establish macroeconomic activity, and achieve the sustainable growth of the nation's economy. As of 11 December 2022, the minister of Economy and Finance is José Arista  [ es ].

History

Ministry of Economy and Finance in Lima Ministerio de Economia y Finanzas (MEF).jpg
Ministry of Economy and Finance in Lima

On August 13, 1821, José de San Martín, president of Peru, created the General Secretariat of Finance along with the Chancellery, and the War and Navy Department. The first minister of Finance was Hipólito Unanue.

On March 2, 1969 the fundamental law of the Ministry of Finance, Law Decree Nº 17521, which gave the basis for the structure and function of the Ministry of Finance and on June 13, 1969 its name was changed to the current Ministry of Economy and Finance.

By the Law Decree Nº 23123 of July 9, 1980, the name of the ministry was changed again to the Ministry of the Economy Finance and Commerce and it was incorporated into the State Department of Commerce which belonged to the Ministry of Industry, Commerce, Tourism, and Integration. On January 30, 1985 the name was changed back to what it is today.

Functions

The ministries main functions are:

Ministers

Names and date of taking office. [1]

See also

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References

  1. "Ministerio de Economía y Finanzas - Histórico - Relación de Ministros". www.mef.gob.pe.