Minister of Finance and Economic Affairs (Malawi)

The Minister of Finance and Economic Affairs is a minister in the Cabinet of Malawi[1][2] who is responsible for the financial management of government affairs, including attending national budget, and developing economic policy.[3] The current minister is Simplex Chithyola Banda.[4][5][6][7][8]

Objectives

Functions of the Minister of Finance and Economic Affairs

• coordinating and preparing of annual budget
• preparing and reviewing of the National Economic Programme
• monitoringthe financial performance of public enterprises
• processing public finance management policy studies
• to give advice to the Minister of Finance and the Secretary to the Treasury on short to medium
• checking of macroeconomic performance relating to fiscal and monetary policies
• coordination policies in the financial sector including such areas as: banks, etc.

Ministers responsible for finance

Colonial era

• Henry Phillips, 1963–1964[9]

Post-colonial era

• John Tembo, 1964–1969[9]
• Aleke Banda, 1969–1972[9]
• 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[10]
• Sosten Gwengwe, 2022–2023
• Simplex Chithyola Banda, 2023–

References

1. "Home". www.malawi.gov.mw. Retrieved 17 November 2023.
2. "Home". www.finance.gov.mw. Retrieved 17 November 2023.
3. "Economic Affairs". www.finance.gov.mw. Retrieved 17 November 2023.
4. "Government – Malawi High Commission Pretoria". www.malawihighcommission.co.za. Retrieved 17 November 2023.
5. Chikoti, Martha (15 November 2023). "Govt asked to name gains of previous 25 percent devaluation Malawi 24 | Latest News from Malawi". Malawi 24. Retrieved 17 November 2023.
6. "Malawi Finance minister ducks questions on Kwacha depreciation - Malawi Nyasa Times - News from Malawi about Malawi". www.nyasatimes.com. 13 November 2023. Retrieved 17 November 2023.
7. "Saudi development fund CEO receives Malawi finance minister". Arab News. 8 November 2023. Retrieved 17 November 2023.
8. "HOG". www.info.dfat.gov.au. Retrieved 17 November 2023.
9. Bidwell, Robin (24 October 2018). Guide to Government Ministers: The British Empire and Successor States 1900-1972. Routledge. ISBN 9781317792253 – via Google Books.
10. "Minister's Profile".

See also

• Economy of Malawi