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Showing posts from June 3, 2019

Duties And Functions Of Finance Minister

A  Finance Minister is an executive or Cabinet position in charge of one or more of Government finances, economic policy and financial regulations. It envisions the effective and efficient pursuit of the critical tasks like Revenue generation, Resource mobilization, Debt management and Financial market development which provide solid foundation for a strong economy. The key characteristics are strong Agenda-setting power, monitoring power and a strong position of the executive over the legislative. Its main duties are to prepare the annual fiscal budget, issue adequate regulations for its execution, manage Government financial assets as also propose bills related to Government employees related to staffing salaries, benefits and pensions. The ideal minister has a clear idea of what he wants to achieve and courage, born of passion and commitment to stick to his plans. He needs to leaven the necessary passion, with the ability to stay calm under pressure, to be capable of inspiring