The Minister of Finance (Arabic: وزارة المالية) is the head of the Government of Palestine's branch that is in charge of finance. The minister deals with launching audits, collecting tax from Palestinian businesses and overseeing financial aid directed to Palestine. Omar al-Bitar is the current Minister of Finance.
| وزارة المالية | |
Seal of Palestine | |
| Agency overview | |
|---|---|
| Formed | 1948 (first form) 1994 (second form) |
| Jurisdiction | Government of Palestine |
| Headquarters | Finance Ministry Building, Al-Bireh, Palestine |
| Ministers responsible |
|
| Website | www |
In April 2007, it was reported that that branch was not receiving satisfactory amounts of money. It was estimated that the PNA gained only $40 million, while $160 million was the amount required.
Functions
The Finance Minister is in charge of
- Controlling financial activities of the PNA and its expenditure.
- Supervising, studying and organizing monetary funds and the economic and political analysis of financial aid directed towards the PNA.
- Supervising and controlling the private capital funds of the PNA.
- Providing the money needed for facing the government's expenditures.
- Paying the salaries of government employees.
- Managing and settling employee salaries and retirement of civil administration and compensation in accordance with the laws and regulations in force.
- Scrutinizing and overseeing all financial transactions, including accounting principles adopted legally and that follow the principles of the Ministry for accountability and transparency during all stages of its work.
- Monitoring the implementation of the provisions of financial legislation in force.
List of ministers
- All-Palestine Government
| # | Name | Party | Government | Term start | Term end | Notes |
|---|---|---|---|---|---|---|
| 1 | Michel Abikarios | Independent | All-Palestine | 22 September 1948 | 1952 |
- Government of Palestine
| # | Name | Party | Government | Term start | Term end | Notes |
|---|---|---|---|---|---|---|
| Minister of Finance | ||||||
| 1 | Mohammad Zuhdi Nashashibi | Fatah | 1, 2, 3 | 5 July 1994 | 13 June 2002 | |
| 2 | Salam Fayyad | Independent | 4, 5, 6, 7, 8, 9 | 13 June 2002 | 19 November 2005 | |
| – | Ahmad Qurei (interim) | Fatah | 9 | 19 November 2005 | 29 March 2006 | |
| 3 | Omar Abd al-Razaq | Hamas | 10 | 29 March 2006 | 29 June 2006 | |
| – | Yousef Rizqa (interim) | Hamas | 10 | 29 June 2006 | January 2007 | |
| – | Samir Abu Eisheh (interim) | Hamas | 10 | January 2007 | 17 March 2007 | |
| 4 | Salam Fayyad | Third Way | 11, 12, 13 | 17 March 2007 | 16 May 2012 | |
| 5 | Nabeel Kassis | Independent | 14 | 16 May 2012 | 3 March 2013 | |
| 6 | Salam Fayyad | Third Way | 14 | 3 March 2013 | 6 June 2013 | |
| 7 | Shoukry Bishara | Independent | 15, 16 | 6 June 2013 | 2 June 2014 | |
| Minister of Finance and Planning | ||||||
| 7 | Shoukry Bishara | Independent | 17, 18 | 2 June 2014 | 1 July 2019 | |
| Minister of Finance | ||||||
| 7 | Shoukry Bishara | Independent | 18 | 1 July 2019 | 31 March 2024 | |
| 8 | Omar al-Bitar | Independent | 19 | 31 March 2024 | Incumbent | |
- Hamas Government of the Gaza Strip
| # | Name | Party | Term start | Term end | Notes |
|---|---|---|---|---|---|
| 1 | Ziyad al-Thatha | Hamas | 14 June 2007 | 2 June 2014 |
List of undersecretaries
| # | Name | Party | Government | Term start | Term end | Notes |
|---|---|---|---|---|---|---|
| 1 | Majdi al-Hassan | Independent | 19 | 26 March 2025 | Incumbent |
See also
wikipedia, wiki, encyclopedia, book, library, article, read, free download, Information about Ministry of Finance (Palestine), What is Ministry of Finance (Palestine)? What does Ministry of Finance (Palestine) mean?