Definitions for minister of finance
min·is·ter of fi·nance

Princeton's WordNetRate this definition:0.0 / 0 votes

1. finance minister, minister of financenoun

   the minister responsible for state finances

WikipediaRate this definition:0.0 / 0 votes

1. minister of finance

   A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, "Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more ofgovernment finances, economic policy and/or financial regulation, but there are significant differences between countries: in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); in some countries the finance minister might be assisted by one or more other ministers (some supported by a separate government department) with respect to fiscal policy or budget formation; in many countries there is a separate portfolio for general economic policy in the form of a ministry of "economic affairs" or "national economy" or "commerce"; in many countries financial regulation is handled by a separate agency, which might be overseen by the finance ministry or some other government body.Finance ministers are also often found in governments of federated states or provinces of a federal country. In these cases their powers may be substantially limited by superior legislative or fiscal policy, notably the control of taxation, spending, currency, inter-bank interest rates and the money supply. The powers of a finance minister vary between governments. In the United States, the finance minister is called the "Secretary of the Treasury", though there is a separate and subordinate Treasurer of the United States, and it is the director of the Office of Management and Budget who drafts the budget. In the United Kingdom, the equivalent of the finance minister is the Chancellor of the Exchequer. Due to a quirk of history, the Chancellor of the Exchequer is also styled Second Lord of the Treasury with the Prime Minister also holding the historic position of First Lord of the Treasury. This signals the Prime Minister's seniority and superior responsibility over the Treasury. In Australia, the senior minister is the Treasurer, although there is a Minister for Finance who is more junior and, as of 2018, heads a separate portfolio of Finance and the Public Service. Finance ministers can be unpopular if they must raise taxes or cut spending. Finance ministers whose key decisions had directly benefited both the performance and perception of their country’s economic and financial achievements are recognised by the annual Euromoney Finance Minister of the Year award.

ChatGPTRate this definition:0.0 / 0 votes

1. minister of finance

   A Minister of Finance is a government official who is responsible for planning and implementing the government's fiscal and economic policies. This includes tasks such as managing the collection of public revenue, planning and overseeing expenditure, controlling the country's monetary resources, setting financial strategies, and managing public assets and debts. The role and power of the Minister of Finance can vary widely between different countries, but they typically report directly to the head of government and often hold a high-ranking position in the cabinet.

WikidataRate this definition:0.0 / 0 votes

1. Minister of Finance

   The Minister of Finance is the Minister of the Crown in the Canadian Cabinet who is responsible each year for presenting the federal government's budget. It is one of the most important positions in the Cabinet, and the Finance Minister must deal with all the other departments and plays an important role in deciding the funding levels for each. Because of the prominence and responsibility on this cabinet position, it is not uncommon for former Finance Ministers to be elected Prime Minister. Paul Martin was the fifth Prime Minister who was previously a finance minister; the others were Sir Charles Tupper, R.B. Bennett, John Turner, and Jean Chrétien. The current Minister of Finance is Jim Flaherty.

Matched Categories

1. • Minister

How to pronounce minister of finance?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say minister of finance in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of minister of finance in Chaldean Numerology is: 5

2. Pythagorean Numerology

   The numerical value of minister of finance in Pythagorean Numerology is: 9

Examples of minister of finance in a Sentence

1. President Ramaphosa:

   If we were about to hold an election, I have no doubt the entire rugby team ... they would have won the election, and Siya Kolisi would have been the president. And Rassie Erasmus would have been the minister of finance. So, its good that we dont have an election and I dont have to compete with Siya Kolisi right now.

2. Justin Trudeau:

   I have instructed the minister of finance to initiate formal financial discussions with Kinder Morgan, the result of which will be to remove the uncertainty overhanging the Trans Mountain pipeline expansion project, construction will go ahead.

3. Finance Minister Yanis Varoufakis:

   At some point we will not be able to do it and at some point we are going obviously to have to make this choice that no minister of finance should ever have to make.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=minister of finance
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Minister_of_Finance
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=minister of finance