The Minister of Finance and Economic Affairs is a minister in the Cabinet of Malawi who is responsible for the financial management of government affairs, including preparing the national budget, and developing economic policy. The current minister is Joseph Mwanamveka.
Objectives Functions of the Minister of Finance and Economic Affairs
coordinating and preparing annual budget preparing and reviewing the National Economic Programme monitoring the financial performance of public enterprises processing public finance management policy studies giving advice to the Minister of Finance and the Secretary to the Treasury on short to medium term economic matters assessing macroeconomic performance relating to fiscal and monetary policies coordinating policies in the financial sector including such areas as banks, etc.
Ministers responsible for finance
Colonial era Henry Phillips, 1963–1964
Post-colonial era John Tembo, 1964–1969 Aleke Banda, 1969–1972 Dick Matenje, 1972–1978 Edward Bwanali, 1978–1980 Louis Chimango, 1980–1981 Chakakala Chaziya, 1981–1984 Edward Bwanali, 1984–1986 Stephen Chimwemwe Hara, 1986 Dalton Katopola, 1986–1987 Louis Chimango, 1987–1994 Aleke Banda, 1994–1997 Cassim Chilumpha, 1997–2000 Mathews Chikaonda, 2000–2002 Friday Jumbe, 2002–2004 Goodall Gondwe, 2004–2009 Ken Kandodo, 2009–2011 Ken Lipenga, 2011–2013 Maxwell Mkwezalamba, 2013–2014 Goodall Gondwe, 2014–2019 Joseph Mwanamvekha, 2019–2020 Felix Mlusu, 2020–2022 Sosten Gwengwe, 2022–2023 Simplex Chithyola Banda, 2023–2025 Joseph Mwanamveka, 2025–
References
See also Economy of Malawi