What Are The Duties And Responsibilities Of A Finance Minister?

[Good-Person]

I think that each and every kind of country has a finance minister who tends to solve the economic problems of the country. He is responsible for managing the financial affairs of the country. Moreover, he also represents the country when it comes to international conferences. What are some of his other duties?

 

[Smiles20]

The finance minister of every country is the one who is responsible for all the inflow and outflow of money into the country and also the distribution of money for work and projects.

 

[Shahid987]

A finance minister is a senior government official who is responsible for managing a country's financial policy and economy. Some of the specific duties and responsibilities of a finance minister may include
Developing and implementing economic policies and budgets
Managing government revenues and expenses
Overseeing the collection and distribution of taxes
Negotiating loans and other financial agreements with other countries and international organizations
Developing and implementing financial regulations and laws
Representing the country in international financial and economic forums
Advising the head of government on economic and financial matters
Supervising the work of other government agencies and departments that have a role in managing the economy
It should be noted that the specific duties and responsibilities may vary depending on the country and government structure.

 

[Emmy]

Finance manager is to ensure the budget of a company is undergone as stated. It ensures the expenditures and revenues are incurred and generated in compliance with the set rules. It is also the duty to manage the company's financial records.

 

[Abigael]

A finance minister in a country has so many roles. He stands for the finances of a country and so he oversees every financial decision made. He also represents the country when making financial decisions elsewhere such as taking country loans or receiving funds from the world bank.

 

[eenya001]

The finance minister of a country helps to take care of the finances of that country and makes critical decisions regarding the countries finances and the direction they ought to go as regards finances

 

[Good-Person]

A finance minister in a country has so many roles. He stands for the finances of a country and so he oversees every financial decision made. He also represents the country when making financial decisions elsewhere such as taking country loans or receiving funds from the world bank.

The basic function of a finance minister is to conduct financial activities and manage the finances of a country. However, a finance minister is also responsible for bringing foreign investments as well.

 

[Agbalagbaa]

He aids in the creation of financial policies that positively or negatively affects the economy of the country.
He is an important person when it comes to making policies decisions in the country.

 

[Genie011]

The basic function of a finance minister is to conduct financial activities and manage the finances of a country. However, a finance minister is also responsible for bringing foreign investments as well.

This is an important aspect of the countries economy because if foreign investors are many , there would be an improvement on the economic status of the country.

 

[Good-Person]

This is an important aspect of the countries economy because if foreign investors are many , there would be an improvement on the economic status of the country.

Well, a finance minister is responsible for dealing and convincing the investors to invest in the country. It also depends a lot on the opportunities available in the country as well. If investors find many opportunities in a country, then they would invest for sure.

 

[Abigael]

He aids in the creation of financial policies that positively or negatively affects the economy of the country.
He is an important person when it comes to making policies decisions in the country.

Yeah, policy making with matters finance is their main job. I am sure any policy they make is meant for a positive outcome. It is just that some negatives may come up sometimes. That is why they first consult parliament before passing any financial policy.

 

[Syldan]

Actually a finance minister has a lot of responsibilities to play as a role pertaining the economy of a country. His responsibility are to monitor, direct and also to give directions to the economy.

 

[Danny4cash]

The responsibility of finance minister revolve around finance, the inflow and outflow of money into the economy of the country. It's the duty of finance to prepare a budget of a country.

 

[Good-Person]

Actually a finance minister has a lot of responsibilities to play as a role pertaining the economy of a country. His responsibility are to monitor, direct and also to give directions to the economy.

A finance minister is a very important person and I think he also deals with the loans that are borrowed by the country. They have to deal with issues faced by the country and matters related to monetary policies as well.

 

[Chibson]

The finance minister of a country helps the government to make necessary decisions concerning finances of the country. He or she is saddled with the responsibility of giving financial reports to the government and suggesting solutions to some problems.

 

[eenya001]

The finance minister of a country helps the government to make necessary decisions concerning finances of the country. He or she is saddled with the responsibility of giving financial reports to the government and suggesting solutions to some problems.

The finance minister also helps to pre inform the government of key indices that could negatively affect the performance of the country economy and how to avert such danger

 

[Danny4cash]

A finance minister is a very important person and I think he also deals with the loans that are borrowed by the country. They have to deal with issues faced by the country and matters related to monetary policies as well.

Finance minister deal with everything concerning finances. And finances concern with generating money, spending money, preparing a ɓudget, implementation of budget, and others. The mentioned are some of the duties of finance minister.

 

[Chibson]

The finance minister also helps to pre inform the government of key indices that could negatively affect the performance of the country economy and how to avert such danger

Probably, that is why any country that has a smart finance minister will always escape a lot of financial problems. This is because he or she will be able to predict the future of the country financially perfectly.

 

[eenya001]

Probably, that is why any country that has a smart finance minister will always escape a lot of financial problems. This is because he or she will be able to predict the future of the country financially perfectly.

if a country has a smart finance minister they would surely do well and there economy would definitely grow as the task before the finance ministry is clear and straightforward.

 

[Planbizzle]

I think that each and every kind of country has a finance minister who tends to solve the economic problems of the country. He is responsible for managing the financial affairs of the country. Moreover, he also represents the country when it comes to international conferences. What are some of his other duties?

The main duties of a finance minister are to supervise the government's monetary and fiscal activities, such as taxation, expenditure, and liabilities. Establishing fiscal policies and making sure the administration's funds are handled responsibly and efficiently are two aspects of this.