Ministry Of Finance (East Timor)
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The Timor-Leste Ministry of Finance (MOF; pt, Ministério das Finanças, tet, Ministeriu Finansas) is the government department of
East Timor East Timor (), also known as Timor-Leste (), officially the Democratic Republic of Timor-Leste, is an island country in Southeast Asia. It comprises the eastern half of the island of Timor, the exclave of Oecusse on the island's north-weste ...
accountable for the
government budget A government budget is a document prepared by the government and/or other political entity presenting its anticipated tax revenues (Inheritance tax, income tax, corporation tax, import taxes) and proposed spending/expenditure (Healthcare, Educa ...
and
public finance Public finance is the study of the role of the government in the economy. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achie ...
s.


Functions

The Ministry is responsible for the design, implementation, coordination and evaluation of policy for: * annual planning; and * monitoring of the government budget and public finances.


Minister

The incumbent
Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...
is Rui Augusto Gomes. He is assisted by , Deputy Minister of Finance.The
Constitution of East Timor The Constitution of East Timor entered into force on 20 May 2002, and was the country's first constitution after it gained independence from Portugal in 1975 and from Indonesia, which invaded East Timor on 7 December 1975 and left in 1999 followi ...
provides, in sections 104 and 105, for the appointment of officials referred to in its English language version as "Deputy Ministers". In other English language publications, those officials are commonly referred to as "Vice Ministers", even though the word "Vice", in context, arguably has a different meaning in English from the word "Deputy". In this article, the constitutional expression "Deputy" is used.


See also

* List of finance ministries *
Politics of East Timor Politics of East Timor takes place in a framework of a unitary semi-presidential representative democratic republic, whereby the Prime Minister of East Timor is the head of government and the President of East Timor exercises the functions o ...


References


Footnote


Notes


External links

* – official site {{Authority control
Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
East Timor East Timor (), also known as Timor-Leste (), officially the Democratic Republic of Timor-Leste, is an island country in Southeast Asia. It comprises the eastern half of the island of Timor, the exclave of Oecusse on the island's north-weste ...
East Timor, Finance 1975 establishments in East Timor