Finance Minister of the Palestinian National Authority
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Note: On June 14, 2007, President Mahmoud Abbas dismissed Haniyeh's government, and appointed Fayyad to form an emergency government. However, Haniyeh and Hamas maintain that these actions were illegal, and that Haniyeh is still the Prime Minister; Haniyeh still exercises de facto authority in the Gaza Strip, while Fayyad's authority is limited de facto to the West Bank.
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The Finance Minister of the Palestinian Authority is the head of the Palestinian National Authority (PNA) branch that is in charge of finance. The minister deals with launching audits, collecting tax from Palestinian businesses and overseeing financial aid directed to the PNA. Salam Fayyad is the current Finance Minister.
In April 2007 it was reported that that branch was not receiving satisfactory amounts of money. It was estimated that the PNA gained only $40 million, while $160 million was the amount required.[1]
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[edit] Functions
The Finance Minister is in charge of
- Controlling financial activities of the PNA and its expenditure.
- Supervising, studying and organizing monetary funds and the economic and political analysis of financial aid directed towards the PNA.
- Supervising and controlling the private capital funds of the PNA.
- Providing the money needed for facing the government's expenditures.
- Paying the salaries of government employees.
- Managing and settling employee salaries and retirement of civil administration and compensation in accordance with the laws and regulations in force.
- Scrutinizing and overseeing all financial transactions, including accounting principles adopted legally and that follow the principles of the Ministry for accountability and transparency during all stages of its work.
- Monitoring the implementation of the provisions of financial legislation in force.[2]
[edit] Finance ministers
# | Name | Party | Time |
---|---|---|---|
1 | Mohammad Zuhdi Nashashibi | Fatah | July 1994-June 2002 |
2 | Salam Fayyad | Independent | June 2002-November 2006 |
3 | Ahmad Qurei (interim) | Fatah | November 2006-March 2006 |
4 | Omar Abd al-Razaq | Hamas | March 2006-June 2006 |
5 | Yousef Rizqa (interim) | Hamas | June 2006-January 2007 |
6 | Samer Abu Eisheh (interim) | Hamas | January 2007-March 2007 |
7 | Salam Fayyad | Third Way | March 2007-present |
[edit] See also
- Interior Ministry of Palestinian National Authority
- Foreign Minister of the Palestinian Authority
- Prime Minister of the Palestinian Authority
[edit] References
- ^ PA Finance Minister to visit Brussels, discuss resumption of EU aid. Haaretz (2007). Retrieved on 2007-11-10.
- ^ Functions and powers Palestinian National Authority Ministry of Finance. (Arabic)