Minister of Finance (Malaysia)
| Minister of Finance | |
|---|---|
 | |
Incumbent Vacant since 24 November 2022 | |
| Ministry of Finance | |
| Style | Yang Berhormat Menteri (The Honourable Minister) |
| Member of | Cabinet of Malaysia |
| Reports to | Parliament of Malaysia |
| Seat | Putrajaya |
| Appointer | Yang di-Pertuan Agong on the recommendation of the Prime Minister of Malaysia |
| Formation | 1957 |
| First holder | Henry Lee Hau Shik |
| Deputy | Yamani Hafez Musa Mohd Shahar Abdullah |
| Salary | RM14,907.20 monthly (Not including salary as MP) |
| Website | www |
The Minister of Finance (or simply, Finance Minister) (Malay: Menteri Kewangan) is the head of the Ministry of Finance of the Government of Malaysia. One of the senior posts in the Cabinet of Malaysia, the finance minister is responsible for determining the fiscal policy and managing national budget of the government.
The current position for the Finance Minister is on vacancy. The minister is supported by the two Deputy Ministers of Finance, which both positions are also currently on vacancy.
List of the Ministers of Finance
The following individuals have been appointed as Minister of Finance, or any of its precedent titles:
Political Party: Alliance/BN PH
| Portrait | Name (Birth–Death) Constituency |
Political Party | Title | Took Office | Left Office | Prime Minister (Cabinet) | |
|---|---|---|---|---|---|---|---|
|
Henry Lee Hau Shik (1900–1988) Nominated |
Alliance (MCA) | Minister of Finance | 31 August 1957 | 22 August 1959 | Tunku Abdul Rahman (I) | |
| Tan Siew Sin (1916–1988) MP for Malacca Tengah |
22 August 1959 | 8 April 1974 | Tunku Abdul Rahman (II • III • IV) Abdul Razak Hussein (I) | ||||
.jpg)
|
Hussein Onn (1922–1990) (Deputy Prime Minister) MP for Sri Gading |
BN (UMNO) | 1974 | 1976 | Abdul Razak Hussein (II) | ||
.jpg)
|
Tengku Razaleigh Hamzah (b. 1937) MP for Ulu Kelantan |
1976 | 1984 | Hussein Onn (I • II) Mahathir Mohamad (I • II) | |||
| Daim Zainuddin (b. 1938) MP for Kuala Muda (1984-1986) MP for Merbok (1986-1991) |
14 July 1984 | 15 March 1991 | Mahathir Mohamad (II • III • IV) | ||||
|
Anwar Ibrahim (b. 1947) (Deputy Prime Minister) MP for Permatang Pauh |
15 March 1991 | 2 September 1998 | Mahathir Mohamad (IV • V) | |||
|
Mahathir Mohamad (b. 1925) (Prime Minister) MP for Kubang Pasu |
2 September 1998 | 7 January 1999 | Mahathir Mohamad (V) | |||
|
Mustapa Mohamed (b. 1950) MP for Jeli |
Second Minister of Finance | 2 September 1998 | 14 December 1999 | Mahathir Mohamad (V) | ||
| Daim Zainuddin (b. 1938) MP for Merbok |
Minister of Finance | 7 January 1999 | 31 May 2001 | Mahathir Mohamad (V • VI) | |||
|
|
Mahathir Mohamad (b. 1925) (Prime Minister) MP for Kubang Pasu |
5 June 2001 | 2 November 2003 | Mahathir Mohamad (VI) | |||
.jpg)
|
Jamaluddin Jarjis (1951–2015) MP for Rompin |
Second Minister of Finance | 20 November 2002 | 26 March 2004 | Mahathir Mohamad (VI) Abdullah Ahmad Badawi (I) | ||
|
Abdullah Ahmad Badawi (b. 1939) (Prime Minister) MP for Kepala Batas |
Minister of Finance | 3 November 2003 | 23 September 2008 | Abdullah Ahmad Badawi (I • II • III) | ||
| Nor Mohamed Yakcop (b. 1947) Senator (2004-2008) MP for Tasek Gelugor (2008-2009) |
Second Minister of Finance | 27 March 2004 | 9 April 2009 | Abdullah Ahmad Badawi (II • III) | |||
|
Najib Razak (b. 1953) (Deputy Prime Minister) (Prime Minister) MP for Pekan |
Minister of Finance | 23 September 2008 | 9 May 2018 | Abdullah Ahmad Badawi (III) Najib Razak (I • II) | ||
|
Ahmad Husni Hanadzlah (b. 1952) MP for Tambun |
Second Minister of Finance | 10 April 2009 | 27 June 2016 | Najib Razak (I • II) | ||
|
Johari Abdul Ghani (b. 1964) MP for Titiwangsa |
27 June 2016 | 9 May 2018 | Najib Razak (II) | |||
|
Lim Guan Eng (b. 1960) MP for Bagan |
PH (DAP) | Minister of Finance | 21 May 2018 | 24 February 2020 | Mahathir Mohamad (VII) | |
| Tengku Zafrul Aziz (b. 1973) Senator |
BN (UMNO) | 10 March 2020 | 24 November 2022 | Muhyiddin Yassin (I) Ismail Sabri Yaakob (I) | |||
| Anwar Ibrahim (I) | |||||||
List of Ministers of Economic Affairs
The following individuals have held office as Minister of Economic Affairs:
Political Party: PH
| Portrait | Name (Birth–Death) Constituency |
Political Party | Title | Took Office | Left Office | Prime Minister (Cabinet) | |
|---|---|---|---|---|---|---|---|
|
Mohamed Azmin Ali (b. 1964) MP for Gombak |
PH (KEADILAN) | Minister of Economic Affairs | 21 May 2018 | 24 February 2020 | Mahathir Mohamad (VII) | |
List of Ministers in the Prime Minister's Department (Economic Planning Unit)
The following individuals have held office as the Minister in the Prime Minister's Department under the Economic Planning Unit (EPU) department:
Political Party: BN Independent PN
| Portrait | Name (Birth–Death) Constituency |
Political Party | Responsible for | Took Office | Left Office | Prime Minister (Cabinet) | |
|---|---|---|---|---|---|---|---|
| Amirsham Abdul Aziz (b. 1964) Senator |
BN (UMNO) | Economic Planning Unit (EPU) Department | 19 March 2008 | 9 April 2009 | Abdullah Ahmad Badawi (III) | ||
| Nor Mohamed Yakcop (b. 1947) MP for Tasek Gelugor |
10 April 2009 | 15 May 2013 | Najib Razak (I) | ||||
|
Abdul Wahid Omar (b. 1964) Senator |
Independent | 5 June 2013 | 4 June 2016 | Najib Razak (II) | ||
|
Abdul Rahman Dahlan (b. 1965) MP for Kota Belud |
BN (UMNO) | 27 June 2016 | 9 May 2018 | |||
|
|
Mustapa Mohamed (b. 1950) MP for Jeli |
PN (BERSATU) | Economic Planning Unit (EPU) Department | 10 March 2020 | Incumbent | Muhyiddin Yassin (I) Ismail Sabri Yaakob (I) | |
Controversy
On 1 February 2016, Finance Asia has named Prime Minister and finance minister Najib Razak as the worst finance minister in 2016.[1][2][3]
References
- ^ Editors, FinanceAsia (2016-02-01). "Najib Razak: Asia's worst finance minister 2016 | finance minister of the year, najib razak, malaysia, 1mdb". FinanceAsia.
{{cite web}}:|last=has generic name (help) - ^ "Malaysian PM Najib Razak named Asia Pacific's worst finance minister". AsiaOne. 2016-02-02.
- ^ "Malaysia's Prime Minister Najib Razak named Asia's worst finance minister 2016". International Business Times UK. 2016-02-03.
