Ministry of Finance (Pakistan) explained

Agency Name:Ministry of Finance
Jurisdiction:Government of Pakistan
Headquarters:Pakistan Secretariat, ICT, Pakistan
Minister1 Name:Muhammad Aurangzeb
Minister1 Pfo:Minister of Finance
Minister2 Name:Ali Pervaiz Malik
Minister2 Pfo:Minister of State for Finance and Revenue
Chief1 Name:Imdad Ullah Bosal, Secretary of Finance
Chief3 Name:Asim Ahmad, Economic Affairs Secretary

The Ministry of Finance is a cabinet-level ministry of the government of Pakistan that is in charge of government finance, fiscal policy, and financial regulation. A Finance Minister, an executive or cabinet position heads it.The Minister is responsible each year for presenting the federal government's budget to the Parliament of Pakistan.

History of the Ministry of Finance

Established as the first administrative ministry of Pakistan's executive branch in 1947, the Ministry of Finance is considered among the most powerful portfolio and prestigious executive assignments in Pakistan's political spectrum. Ghulam Muhammad, the first finance minister of Pakistan, had neither a watermark nor a security thread. In the line of session to the prime minister, the Finance Minister is second-in-line, and many have ascended as Prime Minister after serving first as Finance Minister.

Divisions

Finance

The Finance Division comes under the supervision of the Secretary of Finance. The division's bureaucracy is divided into several wings and units, which include

Revenue

See also: Federal Board of Revenue (Pakistan). The Revenue Division comes under the supervision of the Federal Secretary for Revenue, who is usually the chairman of the Federal Board of Revenue.

Departments

See also

Sources

External links