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Secretary of Finance (Philippines)

Finance minister of the Philippines From Wikipedia, the free encyclopedia

Secretary of Finance (Philippines)
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The secretary of finance (Filipino: kalihim ng pananalapi) is the cabinet of the Philippines member in charge of the Department of Finance.

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The position is currently vacant since May 22, 2025.

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Powers and functions

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According to the Administrative Code of 1987, the following are the powers and functions of a secretary:[1]

  • Advise the president in issuing executive orders, regulations, proclamations and other issuances, the promulgation of which is expressly vested by law in the president relative to matters under the jurisdiction of the department;
  • Establish the policies and standards for the operation of the department pursuant to the approved programs of government;
  • Promulgate rules and regulations necessary to carry out department objectives, policies, functions, plans, programs and projects;
  • Promulgate administrative issuances necessary for the efficient administration of the offices under the secretary and for proper execution of the laws relative thereto;
  • Exercise disciplinary powers over officers and employees under the secretary in accordance with law, including their investigation and the designation of a committee or officer to conduct such investigation;
  • Appoint all officers and employees of the department except those whose appointments are vested in the president or in some other appointing authority;
  • Exercise jurisdiction over all bureaus, offices, agencies and corporations under the department;
  • Delegate authority to officers and employees under the secretary’s direction;
  • Perform such other functions as may be provided by law.
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List of secretaries of finance

1897–1899

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1901–1935

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1935–present

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Notes

  1. Acting secretary.
  2. In concurrent capacity as Vice President.

References

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