Minister of Finance and Economic Affairs (Malawi)

The Minister of Finance and Economic Affairs is a minister in the Cabinet of Malawi^[1][2] who is responsible for the financial management of government affairs, including attending national budget, and developing economic policy.^[3] The current minister is Simplex Chithyola Banda.^{[4][5][6][7][8]}

Objectives

Functions of the Minister of Finance and Economic Affairs

• coordinating and preparing of annual budget
• preparing and reviewing of the National Economic Programme
• monitoringthe financial performance of public enterprises
• processing public finance management policy studies
• to give advice to the Minister of Finance and the Secretary to the Treasury on short to medium
• checking of macroeconomic performance relating to fiscal and monetary policies
• coordination policies in the financial sector including such areas as: banks, etc.

Ministers responsible for finance

Colonial era

• Henry Phillips, 1963–1964^[9]

Post-colonial era

• John Tembo, 1964–1969^[9]
• Aleke Banda, 1969–1972^[9]
• Dick Matenje, 1972–1978
• Edward Bwanali, 1978–1980
• Louis Chimango, 1980–1981
• Chakakala Chaziya, 1981–1984
• Edward Bwanali, 1984–1986
• Stephen Chimwemwe Hara, 1986
• Dalton Katopola, 1986–1987
• Louis Chimango, 1987–1994
• Aleke Banda, 1994–1997
• Cassim Chilumpha, 1997–2000
• Mathews Chikaonda, 2000–2002
• Friday Jumbe, 2002–2004
• Goodall Gondwe, 2004–2009
• Ken Kandodo, 2009–2011
• Ken Lipenga, 2011–2013
• Maxwell Mkwezalamba, 2013–2014
• Goodall Gondwe, 2014–2019
• Joseph Mwanamvekha, 2019–2020
• Felix Mlusu, 2020–2022^[10]
• Sosten Gwengwe, 2022–2023
• Simplex Chithyola Banda, 2023–