What Are The Duties And Responsibilities Of A Finance Minister?

[Chibson]

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.

Probably, smart people will always try as much as possible to maintain stability when they are in the helm of affairs of their country. We have had such kind of people in our country before.

 

[Syldan]

Actually a financial minister has alot of roles and responsibilities to play in terms of managing the economy. He by all means try to control the flow of income and to also prevent inflation in to the economy.

 

[Kane]

I don't know how it goes in other countries, but the finance minister we have these days does not even know anything about finance. he is there just because he was one of the figures to fight against the autocratic government and has a strong position in his party.

 

[Good-Person]

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.

Finance minister is also responsible for managing the debt of a country. This is something he must do and he also deals with many international financial organisations.

 

[Trey]

A finance minister regulates the economy through the use of fiscal instruments like taxation and government expenditures. They control inflation by increasing or decreasing taxation and government expenditures when necessary.

 

[Good-Person]

Probably, smart people will always try as much as possible to maintain stability when they are in the helm of affairs of their country. We have had such kind of people in our country before.

In our country, the finance ministry controls all the matters related to money and they play a really huge role when it comes to regulating the prices of oil and petroleum products.

 

[Chibson]

In our country, the finance ministry controls all the matters related to money and they play a really huge role when it comes to regulating the prices of oil and petroleum products.

I think it is also the same in my own country and a whole lot of other countries. Meanwhile there are several other ministries also that controls oil in my country.

 

[eenya001]

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.

The job of a finance minister is quite broad that is why most governments does not joke or do any form of favouritism when it comes to appointing a finance minister.

 

[Syldan]

A financial minister, had alot of roles and duty to play in every economy. Most especially when it had to do with funding, management and also the monitoring of cash flow to avoid inflation in the economy.

 

[Kennysplash]

I think he has the responsibility of overseeing the financial activities of a particular country. So he majorly deals with money and everything that is around it.

 

[ghxstvecna]

duties and responsibilities of a Finance Minister vary from country to country, but generally involve a range of tasks related to financial policy. This includes developing, implementing, and managing the government’s budget, managing public debt, setting and collecting taxes, managing government investments and spending, and overseeing the banking system.

 

[Syldan]

There are alot.of responsibilities that are a sign to every financial minister depending in the purpose to which he was assigned. A financial minister is responsible for all financial activities or monetary activities of every country.

 

[Good-Person]

There are alot.of responsibilities that are a sign to every financial minister depending in the purpose to which he was assigned. A financial minister is responsible for all financial activities or monetary activities of every country.

In our country, the finance minister always borrows money from international organisations. This is a really huge problem. They never focus on using the country;s natural resources to develop the country.

 

[Heatman]

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?

I also believe that another job that is carried out by the finance minister of a country is to help the president to plan on the budget of the country on yearly basis which he will put every other thing into consideration that is going to affect the economy.

 

[Good-Person]

I also believe that another job that is carried out by the finance minister of a country is to help the president to plan on the budget of the country on yearly basis which he will put every other thing into consideration that is going to affect the economy.

Well, the fact of the matter remains that a finance minister carries many duties that could be really important for the country. A finance minister also sets taxes in the right manner.

 

[eenya001]

In our country, the finance minister always borrows money from international organisations. This is a really huge problem. They never focus on using the country;s natural resources to develop the country.

That is a very daft financial minister, as your job is not only to go about borrowing loan from different sources as loans sometimes can be ineffective to a country.

 

[Ernestnari]

The Finance minister alongside the ministry simply manages government money. They manage the revenue and expenses of government. The finance minister approves the release of government funds for any project. A finance minister is most times an economist.

 

[Jonaville1]

The finance minister is expected to manage every financial aspect or every financial activities of a country in a way that they will not be taking too much loans and they will manage what they have

 

[Ernestnari]

A good finance minister would manage a country's finances so that they save in times of plenty. I don't know if the Finance Minister's job affects the exchange rate but the finance minister can help control inflation.

 

[Good-Person]

The finance minister is expected to manage every financial aspect or every financial activities of a country in a way that they will not be taking too much loans and they will manage what they have

I think that many other ministries depend a lot on finance ministry. This is because other departments and ministries need money in order to operate and finance ministry could be very important in this regards.