Ministry of Finance
Ministry overview
JurisdictionGovernment of Palau
HeadquartersNgerulmud
Websitewww.palaugov.pw/executive-branch/ministries/finance/

The Ministry of Finance is a government agency of Palau, responsible for public finances of Palau. The ministry is located in Ngerulmud.[1] The vision of the ministry includes to promote productivity of government services, and economic growth.[1] The ministry employs about 11 to 50 persons.[2]

The ministry is headed by Minister of Finance, who is member of the Cabinet of Palau. The Minister is nominated by President of Palau and needs to be confirmed by the Senate of Palau. Before the creation of the Ministry of Finance, there was a cabinet portfolio of Minister of Administration, who was also responsible for the treasury.

Ministers of Administration

Name Took office Left office President Notes
Haruo Willter 1981 October 1985 Haruo Remeliik
Alfonso Oiterong
[3][4][5]
Franz Reksid 1986 January 1989 Lazarus Salii
Thomas Remengesau Sr.
[6]
Kuniwo Nakamura January 1989 1992 Ngiratkel Etpison [7][8]
Sandra Pierantozzi 1992[9] January 1993 Ngiratkel Etpison [9]
Thomas Remengesau Jr. January 1993 January 2001 Kuniwo Nakamura [10][11]

Ministers of Finance

Name Took office Left office President Notes
Sandra Pierantozzi January 2001 January 2002 Thomas Remengesau Jr. [12]
Elbuchel Sadang January 2002 January 2009 Thomas Remengesau Jr. [13][14]
Kerai Mariur January 2009 January 2013 Johnson Toribiong
Elbuchel Sadang April 2013 January 2021 Thomas Remengesau Jr. [13][15]
Kaleb Udui Jr. February 2021 Incumbent Surangel Whipps Jr. [16]

Failed ministerial nominations

Secilil Eldebechel was appointed as Minister of Finance in January 2013, but the appointment was not confirmed the Senate.[17]

References

  1. 1 2 "Palau Government". 16 February 2012. Archived from the original on 2012-02-16.
  2. "DevelopmentAid". DevelopmentAid.
  3. State, United States Department of (1980). "Report to the United Nations on the Administration of the Trust Territory of the Pacific Islands, Transmitted by the United States of America".
  4. "Trust Territory of the Pacific Islands". Bureau of International Organization Affairs, Office of United Nations Political Affairs. 1982.
  5. United States Congress House Committee on Interior and Insular Affairs Subcommittee on Public Lands (1987). "Trust Territory of the Pacific Islands Budget Request for Fiscal Year 1987: Oversight Hearing Before the Subcommittee on Public Lands of the Committee on Interior and Insular Affairs, House of Representatives, Ninety-ninth Congress, Second Session ... Hearing Held in Washington, D.C., February 7, 1986". U.S. Government Printing Office.
  6. "Trust Territory of the Pacific Islands". Bureau of International Organization Affairs, Office of United Nations Political Affairs.
  7. "Trust Territory of the Pacific Islands". Bureau of International Organization Affairs, Office of United Nations Political Affairs. 1988.
  8. United States Dept of State (1988). "Report to the United Nations on the Administration of the Trust Territory of the Pacific Islands".
  9. 1 2 "Trust Territory of the Pacific Islands". Bureau of International Organization Affairs, Office of United Nations Political Affairs. 1991.
  10. "Chiefs of State and Cabinet members of foreign governments". The Center : Document Expediting (DOCEX) Project, Exchange and Gift Division, Library of Congress distributor ; National Technical Information Service distributor. 1994. hdl:2027/nyp.33433070825330.
  11. "Chiefs of State and Cabinet members of foreign governments". The Center : Document Expediting (DOCEX) Project, Exchange and Gift Division, Library of Congress distributor ; National Technical Information Service distributor. 2000. hdl:2027/osu.32435083449215.
  12. "Chiefs of State and Cabinet members of foreign governments". The Center : Document Expediting (DOCEX) Project, Exchange and Gift Division, Library of Congress distributor ; National Technical Information Service distributor. 2001. hdl:2027/uc1.c081688708.
  13. 1 2 "Our Board". 25 December 2019. Archived from the original on 2019-12-25.
  14. "2002 / 2003 YEARBOOK".
  15. "Sadang, Elbuchel". International Year Book and Statesmen's Who's Who. Brill.
  16. Reklai, Leilani (9 February 2021). "Obichang and Udui take on major tasks as new ministers". Island Times.
  17. "EDITORIAL: Palau Ministerial Appointments – Oceania Television Network". www.oceaniatv.net.
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