Ministry of Finance and Economy (Brunei)

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Ministry of Finance and Economy
Kementerian Kewangan dan Ekonomi
Bandar Seri Begawan 9 September 2023 12.jpg
Ministry of Finance and Economy building
Ministry overview
Formed1 January 1984;40 years ago (1984-01-01)
Jurisdiction Government of Brunei
Headquarters Bandar Seri Begawan, Brunei
4°55′19″N114°57′07″E / 4.921924123946902°N 114.95185178403685°E / 4.921924123946902; 114.95185178403685
Annual budgetIncrease2.svg$1 billion BND (2022)
Ministers responsible
Deputy Ministers responsible
Website www.mofe.gov.bn
Footnotes
[2] [3] [4] [1]

The Ministry of Finance and Economy (MoFE; Malay : Kementerian Kewangan dan Ekonomi) 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. [2] 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.

Contents

Departments

The ministry oversees the following departments: [5]

Budget

In the fiscal year 2022–23, the ministry has been allocated a budget of B$1 billion [lower-alpha 4] , an eight percent increase from the previous year. [3]

List of ministers

First minister

No.PortraitMinisterTerm startTerm endTime in officeRef.
1 Hassanal Bolkiah at the Enthronement of Naruhito (1).jpg Hassanal Bolkiah 1 January 198421 October 19862 years, 293 days [7]
2 2023 Majlis Ramah Mesra Belait 107.jpg Jefri Bolkiah 21 October 198623 February 199710 years, 125 days [7]
(1) Sultan Hassanal Bolkiah - 53857993945.jpg Hassanal Bolkiah23 February 1997incumbent27 years, 189 days [7] [8]

Second minister

No.PortraitMinisterTerm startTerm endTime in officeRef.
1 Abdul Rahman Ibrahim (2024).jpg Abdul Rahman Ibrahim 24 May 200530 January 201812 years, 251 days [9]
2 2023 Majlis Ramah Mesra Temburong 91.jpg Amin Liew Abdullah 30 January 2018incumbent6 years, 213 days [9]

Deputy minister

No.PortraitMinisterTerm startTerm endTime in officeRef.
1 Ahmad Wally Skinner 21 October 1986March 200316 years [10]
2 Yakub Abu Bakar March 200320 September 20041 year [11]
3 Mr. Abdullah, Dato Bahrin (Cropped).jpg Bahrin Abdullah 29 May 201022 October 20155 years, 146 days [12]
4 Hisham Mohd Hanifah 22 October 201530 January 20182 years, 100 days [13]
5 2023 Majlis Ramah Mesra Temburong 91.jpg Amin Liew Abdullah
6 Ahmaddin Abdul Rahman - 53889574747.jpg Ahmaddin Abdul Rahman 30 January 20187 June 20224 years, 128 days [14]
7 Khairuddin Abdul Hamid - 53691166688.jpg Khairuddin Abdul Hamid 7 June 2022incumbent2 years, 84 days [15]
8 Pengiran Zety Sufina - 53890809053.jpg Pengiran Zety Sufina

See also

Notes

  1. ↑ The official Malay name upon the appointment was Dato Seri Setia Dr. Awang Haji Mohd. Amin Liew bin Abdullah. [1]
  2. ↑ The official Malay name upon the appointment was Awang Haji Khairuddin bin Haji Abdul Hamid. [1]
  3. ↑ The official Malay name upon the appointment was Pengiran Hajah Zety Sufina binti Pengiran Dato Paduka Haji Sani. [1]
  4. ↑ ≈US$718 million as of July 2022 [6]

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References

  1. 1 2 3 4 Ali Rahman, Muhammad Khairulanwar (8 June 2022). "Perlantikan, Pertukaran Menteri Kabinet, Timbalan Menteri" (PDF). Pelita Brunei (in Malay). No. 67 #69. pp. 3–4. Retrieved 21 July 2022.
  2. 1 2 Menon 1987, p. 92.
  3. 1 2 Haris, Nabilah (27 February 2022). "MoFE proposes $1 billion budget for upcoming fiscal year". The Scoop. Archived from the original on 27 February 2022. Retrieved 21 July 2022.
  4. ↑ The Scoop (7 June 2022). "HM announces major cabinet shakeup — full list of appointees". The Scoop. Archived from the original on 2 July 2022. Retrieved 21 July 2022.
  5. ↑ "Ministry of Finance and Economy - Departments". www.mofe.gov.bn. Retrieved 22 July 2024.
  6. ↑ "1,000,000,000 BND to USD - Bruneian Dollars to US Dollars Exchange Rate". XE.com . Retrieved 21 July 2022.
  7. 1 2 3 "Ministry of Finance". The Government of Brunei Darussalam Official Website. Archived from the original on 6 July 2011. Retrieved 27 October 2010.
  8. ↑ "Group of 30 :: Resources". group30.org.
  9. 1 2 Scoop, The (30 January 2018). "HM announces surprise cabinet reshuffle - full list of new appointees". The Scoop. Retrieved 30 December 2022.
  10. ↑ "Sultanate – News | Negara Brunei Darussalam | His Majesty pays last respects to late Pehin Dato Hj Awg Ahmad Wally Skinner". www.sultanate.com. Retrieved 16 August 2023.
  11. ↑ Brunei Darussalam. Broadcasting and Information Department, Ministry of Culture, Youth and Sports. 2003. p. 9.
  12. ↑ "Ucapan Setinggi-tinggi Tahniah" (PDF). Ministry of Development Negara Brunei Darussalam. pp. 1–2. Retrieved 14 August 2023.
  13. ↑ Hennida, Citra; Wardhana, Agastya; Sahab, Ali; Saadah, Kholifatus; Pratiwi, Fadhila Inas; Ratmoko, Eko (22 December 2020). Respons Negara-Negara Asia Tenggara Terhadap Dominasi China (in Indonesian). Airlangga University Press. p. 204. ISBN   978-602-473-670-5.
  14. ↑ "SCENE SETTING SPEAKER IN "THE ROLE OF FINANCIAL LITERACY IN ASEAN'S ECONOMIC PROSPERITY" PANEL DISCUSSION". ASEAN BAC. 2022.
  15. ↑ Bandial, Rasidah Hj Abu Bakar, Ain (7 June 2022). "HM: New cabinet must carry out duties with 'full loyalty and responsibility'". The Scoop. Retrieved 14 September 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)


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