Ministry of Finance (Palau)

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Ministry of Finance
Ministry overview
Jurisdiction Government of Palau
Headquarters Ngerulmud
Website www.palaugov.pw/executive-branch/ministries/finance/

The Ministry of Finance is a government agency of Palau, responsible for public finances of Palau. The ministry is located in Ngerulmud. [1] The vision of the ministry includes to promote productivity of government services, and economic growth. [1] The ministry employs about 11 to 50 persons. [2]

Contents

The ministry is headed by Minister of Finance, who is member of the Cabinet of Palau. The Minister is nominated by President of Palau and needs to be confirmed by the Senate of Palau. Before the creation of the Ministry of Finance, there was a cabinet portfolio of Minister of Administration, who was also responsible for the treasury.

Ministers of Administration

NameTook officeLeft officePresidentNotes
Haruo Willter 1981October 1985 Haruo Remeliik
Alfonso Oiterong
[3] [4] [5]
Franz Reksid 1986January 1989 Lazarus Salii
Thomas Remengesau Sr.
[6]
Kuniwo Nakamura January 19891992 Ngiratkel Etpison [7] [8]
Sandra Pierantozzi 1992 [9] January 1993 Ngiratkel Etpison [9]
Thomas Remengesau Jr. January 1993January 2001 Kuniwo Nakamura [10] [11]

Ministers of Finance

NameTook officeLeft officePresidentNotes
Sandra Pierantozzi January 2001January 2002 Thomas Remengesau Jr. [12]
Elbuchel Sadang January 2002January 2009 Thomas Remengesau Jr. [13] [14]
Kerai Mariur January 2009January 2013 Johnson Toribiong
Elbuchel Sadang April 2013January 2021 Thomas Remengesau Jr. [13] [15]
Kaleb Udui Jr. February 2021Incumbent Surangel Whipps Jr. [16]

Failed ministerial nominations

Secilil Eldebechel was appointed as Minister of Finance in January 2013, but the appointment was not confirmed the Senate. [17]

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References

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  13. 1 2 "Our Board". 25 December 2019. Archived from the original on 2019-12-25.
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  15. "Sadang, Elbuchel". International Year Book and Statesmen's Who's Who. Brill.
  16. Reklai, Leilani (9 February 2021). "Obichang and Udui take on major tasks as new ministers". Island Times.
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