Ministry of Finance (North Korea)

The Ministry of Finance (Korean: 조선민주주의인민공화국 재정성) is a government ministry in North Korea which is responsible for planning and managing the economic policies of the Democratic People's Republic of Korea. It deliberates the budget, establishes tax and economy policies, establishes fiscal policies and national financial management plans, organizes budgets, and discusses plans for fund management. It is a department in charge of coordination, budget and fund execution and management. It was formed in September 1948.

Ministry of Finance

조선민주주의인민공화국 재정성
Agency overview
Formed	September 1948
Jurisdiction	North Korea
Headquarters	Pyongyang
Agency executive	Ri Myong Guk, Minister
Parent agency	Cabinet of North Korea

Ministry of Foreign Affairs of the Democratic People's Republic of Korea
Chosŏn'gŭl	조선민주주의인민공화국 재정성
Hancha	朝鮮民主主義人民共和國 財政省
Revised Romanization	Joseon Minjujuui Inmin Gonghwaguk Jaejeongseong
McCune–Reischauer	Chosŏn Minjujuŭi Inmin Konghwaguk Chaejŏngsŏng

Ministers of Finance

Name	Took office	Left office	Notes
Choe Chang-ik	9 September 1948	29 November 1952	[1]
Yi Chu-yon [ko]	29 November 1952	23 March 1954
Choe Chang-ik	23 March 1954	November 1954	[1]
Yi Chu-yon [ko]	November 1954	April 1958
Song Bong-uk	April 1958	August 1960
Han Sang-tu	August 1960	16 December 1967
Yun Ki-pok	16 December 1967	1969	[2]
Choe Yong-su	1969	1971	[1]
Kim Kyong-yon	July 1971	1980	[1][3]
Yun Gi-jong	April 1980	1998	[4][5]Yun Ki-chong, Yun Ki-jong
Rim Kyong-suk	1998	October 2000	[4]Yim Kyong-suk
Mun Il-bong [sv]	October 2000	2008	[4]
Kim Wan-su	April 2009	September 2009	[4][6]
Pak Su-gil	2009	February 2012	[4]
Choe Kwang-jin	February 2012	February 2015	[7]
Ki Kwang-ho	February 2015	January 2021	[8]
Ko Jong-bom	January 2021	July 2024	[9]
Ri Myong Guk 리명국	July 2024		[10]

See also

• Cabinet of North Korea
• Central Bank of the Democratic People's Republic of Korea
• Economy of North Korea