Ministry of Finance (Nepal)
The Ministry of Finance (Nepali: अर्थ मन्त्रालय) is the central authority of Government of Nepal charged with the responsibilities for maintaining both micro and macro economic stability in the country.
Overview
The Ministry of Finance (Nepali: अर्थ मन्त्रालय) is the central authority of Government of Nepal charged with the responsibilities for maintaining both micro and macro economic stability in the country. The current Finance Minister of Nepal is Swarnim Wagle, who assumed office on 27 March 2026 after the formation of government under Prime Minister Balendra Shah.
History
The predecessor of the Ministry of Finance of Nepal, the Ministry of Economic and Planning was established in 1963. In 1968, this Ministry was dissolved and the Ministry of Finance as well as the National Planning Commission of Nepal were set up. Ever since, the Ministry was the highest financial authority of Nepal.
Mandate
The mandate of the ministry includes the following: Formulation, implementation, monitoring and evaluation of economic and revenue policy, financial administration and control of plans and programs, Financial analysis, Currency, determination and implementation of monetary policy. Also it is responsible for the Central Bank of Nepal, Nepal Rastra Bank (Including Nepal Industrial Development Corporation) and co-ordination with the World Bank, the International Monetary Fund, the Asian Development Bank and other International Financial Institutions.
Structure and departments
The Ministry of Finance consists of the following five Departments:
Financial Comptroller General Office Public Debt Management Office Department of Customs Inland Revenue Department Public Finance Management Training Centre The Ministry is divided into several divisions:
Revenue Advisory Committee International Economic Cooperation Co-ordination Division Budget and Programme Division Corporation Co-ordination and Privatisation Division Revenue Administration Division Economic Affairs and Policy Analysis Division Administrative Division Legal Division Monitoring and Evaluation Division
Former and current Finance Ministers
This is a list of all former Finance Ministers since the Nepalese Constituent Assembly election in 2013:
Key ‡- Current Finance Minister
See also
Minister of Finance
External links
Official website
Wikipedia contributors · Ministry of Finance (Nepal) · revision 1370111376 · CC BY-SA 4.0 · Plain text extracted and formatting adapted; tags derived from linked topics.