The Ministry of Finance is a government agency of Palau, responsible for public finances of Palau. The ministry is located in Ngerulmud. The vision of the ministry includes to promote productivity of government services, and economic growth. The ministry employs about 11 to 50 persons.
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 Name Took office Left office President NotesHaruo Willter1981 October 1985Haruo RemeliikAlfonso OiterongFranz Reksid1986 January 1989Lazarus SaliiThomas Remengesau Sr. Kuniwo NakamuraJanuary 19891992Ngiratkel EtpisonSandra Pierantozzi1992January 1993Ngiratkel Etpison Thomas Remengesau Jr.January 1993January 2001Kuniwo Nakamura
Ministers of Finance Name Took office Left office President NotesSandra PierantozziJanuary 2001January 2002Thomas Remengesau Jr. Elbuchel SadangJanuary 2002January 2009Thomas Remengesau Jr. Kerai MariurJanuary 2009January 2013Johnson Toribiong Elbuchel SadangApril 2013January 2021Thomas Remengesau Jr.Kaleb Udui Jr.February 2021January 2025Surangel Whipps Jr.
Failed ministerial nominations Secilil Eldebechel was appointed as Minister of Finance in January 2013, but the appointment was not confirmed by the Senate. Kaleb Udui Jr. was appointed as Minister of Finance for a second term in January 2025, but the appointment was not confirmed by the Senate.
References
External links Ministry of Education (Palau)