Ministry of Finance (The Bahamas)

Last updated
Ministry of Finance
Agency overview
Formed1964
JurisdictionFlag of the Bahamas.svg  Bahamas Government of the Bahamas
HeadquartersCecil Wallace-Whitfield Centre, West Bay Street, Nassau
Minister responsible
Parent agency Government of the Bahamas
Website www.bahamas.gov.bs/finance

The Ministry of Finance is a government ministry of the Bahamas responsible for the care and management of public finances. The development and management of the annual government budget is a major aspect of the ministry's function. [1] Since 1984, Prime Minister of the Bahamas has mostly held the portfolio of Minister of Finance.

Contents

Ministers of Finance

NameTook officeLeft officeNotes
Stafford Sands 19641967 [2] [3]
Carlton Elisha Francis 19671973 [2] [3]
Arthur D. Hanna 19731984 [4] [5] [3]
Lynden O. Pindling 19841990 [3]
Paul Adderley 19901992 [6]
Hubert Ingraham 19921995 [3]
William Clifford Allen 19952002 [3]
Perry Christie 20022007 [3]
Hubert Ingraham 20072012 [7]
Perry Christie 20122017
Peter Turnquest 20172020
Hubert Minnis 20202021 [8]
Philip Davis 2021Incumbent

See also

Related Research Articles

The Bahamas Country in North America

The Bahamas, officially the Commonwealth of The Bahamas, is a country within the Lucayan Archipelago of the West Indies in the Atlantic. It takes up 97% of the Lucayan Archipelago's land area and is home to 88% of the archipelago's population. The archipelagic state consists of more than 3000 islands, cays, and islets in the Atlantic Ocean, and is located north of Cuba and northwest of the island of Hispaniola and the Turks and Caicos Islands, southeast of the American state of Florida, and east of the Florida Keys. The capital is Nassau on the island of New Providence. The Royal Bahamas Defence Force describes The Bahamas' territory as encompassing 470,000 km2 (180,000 sq mi) of ocean space.

Local government in The Bahamas

Local government in the Bahamas exists in two forms, namely second-schedule and third-schedule district councils. There are a total of 32 local government districts: 13 second-schedule districts, which are further sub-divided into town areas, and 19 third-schedule districts, which are all unitary authorities. The second and third schedules together make up the first schedule. Local government policy is formulated and administered by the Department of Lands and Local Government through the Office of the Prime Minister. The day-to-day policy handling of the portfolio falls to the Minister of Local Government who also is empowered to create new local government areas from time to time based on demographics. The administrative and financial management is overseen by the ministry's permanent secretary.

Foreign relations of Mauritania

The foreign relations of the Islamic Republic of Mauritania have, since 1960, been dominated by the issues of the Spanish Sahara and the recognition of its independence by its neighbours, particularly Morocco. Mauritania's foreign relations are handled by the Minister for Foreign Affairs and Cooperation, who is currently Ismail Ould Cheikh Ahmed.

Iqra University, is a Private University primarily with its main campus located in Defence Area of Karachi, Pakistan. It has additional campuses in other parts of the city, in Islamabad and Quetta. Iqra University was ranked as the number 1 business school in Pakistan by the Higher Education Commission of Pakistan in the rankings announced in 2016. Iqra University also collaborates with universities of international repute for student exchange program.

Virtual University of Pakistan Public university in Pakistan

The Virtual University of Pakistan (VU) is a public university located in the urban area Head Office M.A Jinnah Campus, Defence Road, Off Raiwind Road Lahore, Punjab, Pakistan. University Encourage on modern Information and Communication Technologies.

Monarchy of the Bahamas Constitutional monarchy as a system of government in the Bahamas

The monarchy of the Bahamas is a system of government in which a hereditary monarch is the sovereign and head of state of Commonwealth of the Bahamas. The current Bahamian monarch and head of state, since the independence of the Bahamas on 10 July 1973, is Queen Elizabeth II. As sovereign, she is the personal embodiment of the Bahamian Crown. Although the person of the sovereign is equally shared with 14 other independent countries within the Commonwealth of Nations, each country's monarchy is separate and legally distinct. As a result, the current monarch is officially titled Queen of the Bahamas and, in this capacity, she and other members of the Bahamian Royal Family undertake public and private functions domestically and abroad as representatives of the Bahamian state. However, the Queen is the only member of the Royal Family with any constitutional role.

Foreign relations of the Bahamas

The Bahamas has a strong bilateral relationship with the United Kingdom, represented by a High Commissioner in London. The Bahamas also associates closely with other nations of the Caribbean Community (CARICOM).

Speaker of the House of Assembly of Dominica

The Speaker of the House of Assembly of Dominica is responsible for the management and general administration of the House, ensuring that rules of procedure are followed. The Speaker is elected by the House of Assembly at its first sitting after a general election.

Prime Minister of the Bahamas Head of government of the Commonwealth of the Bahamas

The prime minister of the Bahamas is the head of government of the Bahamas. The prime minister is formally appointed into office by the governor-general of the Bahamas, who represents Elizabeth II, the queen of the Bahamas.

Ministry of Finance (Liberia) Government ministry of the Republic of Liberia

The Ministry of Finance is a government ministry of the Republic of Liberia. As of 2018, the Liberian Finance Minister is Samuel D. Tweah, who was appointed in January 2018. The minister is appointed by the President of Liberia, with the consent of Senate of Liberia.

Sierra Leone Ministry of Finance

Sierra Leone Ministry of Finance is a ministerial department of the Government of Sierra Leone, and is in charge of managing the revenue and finances of the Sierra Leone government. The ministry implements the Sierra Leone government economic policies and public financial management. The ministry advises the President of Sierra Leone on economic issues. The headquarter of the Sierra Leone Ministry Of Finance is located on George Street in Freetown, Sierra Leone.

The Office of the Attorney-General & Ministry of Legal Affairs provides legal advice to the government of the Bahamas in national and international matters.

Navy Department (Ministry of Defence)

The Navy Department was a former ministerial service department of the Ministry of Defence responsible for the control and direction of Her Majesty's Naval Service. It was established on 1 April 1964 when the Admiralty was absorbed into a unified Ministry of Defence, where it became the Navy Department. Political oversight of the department originally lay with the Minister of Defence for the Royal Navy (1964-1967) it then passed to the Parliamentary Under-Secretary of State for Defence for the Royal Navy (1967-1981), then later to the Parliamentary Under-Secretary of State for the Armed Forces (1981-1990) and finally the Parliamentary Under-Secretary of State for Defence (1991-1997).

COVID-19 pandemic in the Bahamas Ongoing COVID-19 viral pandemic in the Bahamas

The COVID-19 pandemic in the Bahamas is part of the COVID-19 pandemic of coronavirus disease 2019 (COVID-19). The outbreak was identified in Wuhan, Hubei, China, in December 2019, declared to be a Public Health Emergency of International Concern on 30 January 2020, and recognised as a pandemic by the World Health Organization on 11 March 2020. It was confirmed to have reached the Bahamas on 15 March 2020 with the announcement of the first case.

Minister of Economy (Fiji)

Minister of Economy of Fiji is heading the ministry of economy in Fiji.

Minister of Finance (Seychelles)

Minister of Finance, Trade, Investment and Economic Planning of Seychelles is a cabinet minister in charge of the Ministry for Finance of Seychelles, responsible for public finances of the country. The ministry is located in Central Bank Building in Victoria.

Ministry of Finance, Economic Affairs and Investment (Barbados)

The Ministry of Finance, Economic Affairs and Investment is a government ministry of Barbados responsible for the management of public finances. Historically, Prime Minister of Barbados has mostly held the additional portfolio of Minister of Finance.

The Ministry of Finance is a government ministry of Grenada responsible for the management of public finances, economic planning and budgeting.

The Ministry of Finance is a government ministry of Antigua and Barbuda responsible for the management of public finances, economic planning, revenue and budgeting.

References

  1. "Archived copy". www.bahamas.gov.bs. Archived from the original on 26 September 2015. Retrieved 12 January 2022.{{cite web}}: CS1 maint: archived copy as title (link)
  2. 1 2 Bidwell, Robin (October 24, 2018). Guide to Government Ministers: The British Empire and Successor States 1900-1972. Routledge. ISBN   9781317792260 via Google Books.
  3. 1 2 3 4 5 6 7 "The minister of finance | Bahamas Local News". www.bahamaslocal.com.
  4. A Year Book of the Commonwealth. H.M. Stationery Office. February 22, 1974. ISBN   9780115801419 via Google Books.
  5. A Year Book of the Commonwealth. H.M. Stationery Office. February 22, 1984. ISBN   9780115802331 via Google Books.
  6. https://www.bahamas.gov.bs/wps/wcm/connect/31e15790-1c28-4b1d-92d8-0f0e37b8dbb3/Past+and+Present+Ministers+MNS+Bios.pdf [ dead link ]
  7. "Cabinet of Bahamas". pdba.georgetown.edu.
  8. "Turnquest resigns as Deputy PM, Minister of Finance". www.tribune242.com.