The Ministry of Finance () is the central authority of Government of Nepal charged with the responsibilities for maintaining both micro and macro economic stability in the country.
The current Finance Minister of Nepal is Swarnim Wagle, who assumed office on 27 March 2026 after the formation of government under Prime Minister Balendra Shah.
History The predecessor of the Ministry of Finance of Nepal, the Ministry of Economic and Planning was established in 1963. In 1968, this Ministry was dissolved and the Ministry of Finance as well as the National Planning Commission of Nepal were set up. Ever since, the Ministry was the highest financial authority of Nepal.
Mandate The mandate of the ministry includes the following: Formulation, implementation, monitoring and evaluation of economic and revenue policy, financial administration and control of plans and programs, Financial analysis, Currency, determination and implementation of monetary policy. Also it is responsible for the Central Bank of Nepal, Nepal Rastra Bank (Including Nepal Industrial Development Corporation) and co-ordination with the World Bank, the International Monetary Fund, the Asian Development Bank and other International Financial Institutions.
Structure and departments The Ministry of Finance consists of the following five Departments:
Financial Comptroller General Office Public Debt Management Office Department of Customs Inland Revenue Department Public Finance Management Training Centre
The Ministry is divided into several divisions: Revenue Advisory Committee International Economic Cooperation Co-ordination Division Budget and Programme Division Corporation Co-ordination and Privatisation Division Revenue Administration Division Economic Affairs and Policy Analysis Division Administrative Division Legal Division Monitoring and Evaluation Division
Former and current Finance Ministers
This is a list of all former Finance Ministers since the Nepalese Constituent Assembly election in 2013:
Key - Current Finance Minister
SN Name Party Assumed office Left office1 Ram Saran Mahat Nepali Congress 25 February 2014 12 October 20152 Bishnu Prasad Paudel Communist Party of Nepal (Unified Marxist–Leninist) 5 November 2015 1 August 20163 Krishna Bahadur Mahara Communist Party of Nepal (Maoist Centre) 4 August 2016 31 May 20174 Gyanendra Bahadur Karki Nepali Congress 7 June 2017 15 February 20185 Yuba Raj Khatiwada Communist Party of Nepal (NCP) 16 March 2018 4 September 20206 Bishnu Prasad Paudel CPN UML 14 October 2020 13 July 20217 Janardan Sharma CPN (Maoist) 13 July 2021 7 July 20228 Sher Bahadur Deuba Nepali Congress 7 July 2022July 31, 2022 7 Janardan Sharma CPN (Maoist) 31 July 2022 26 December 20229 Bishnu Prasad Paudel CPN UML 26 December 202227 February 202310 Prakash Sharan Mahat Nepali Congress 31 March 2023 5 March 202411Barsaman PunNepal Communist Party6 March 202415 July 202412Bishnu Prasad PoudelCPN UML15 July 20249 September 202513Rameshwor Prasad KhanalInterim Government15 September 202527 March 202614 Swarnim WagleRastriya Swatantra Party27 March 2026Incumbent
Notes
See also Minister of Finance
References
External links Official website