Ministry of Finance and Economy (Brunei)

Ministry of Finance and Economy
Kementerian Kewangan dan Ekonomi
	; Ministry of Finance and Economy building
Ministry overview
Formed	1 January 1984; 40 years ago
Jurisdiction	Government of Brunei
Headquarters	Bandar Seri Begawan, Brunei; 4°55′19″N 114°57′07″E
Annual budget	$1 billion BND (2022)
Ministers responsible	Sultan Hassanal Bolkiah, Minister of Finance and Economy; Mohd. Amin Liew Abdullah, Second Minister of Finance and Economy (also Minister at the Prime Minister's Office);
Deputy Ministers responsible	Khairuddin Abdul Hamid, Deputy Minister of Finance and Economy; Pengiran Zety Sufina Pengiran Sani, Deputy Minister of Finance and Economy;
Website	www.mofe.gov.bn
Footnotes

The Ministry of Finance and Economy (MoFE; Malay: Kementerian Kewangan dan Ekonomi) is a cabinet-level ministry in the government of Brunei which is responsible for the monetary, fiscal and economic policies and development in the country. It was established immediately upon Brunei's independence on 1 January 1984.^[2] It is currently led by a minister in which the incumbent is Hassanal Bolkiah, the Sultan of Brunei, as well as a second minister and two deputy ministers.

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The ministry oversees the following departments:^[5]

Treasury Department (Pejabat Treasury) — obeys the law known as "The 1983 Financial Regulation". The rule also makes reference to later official circulars from MoFE and the Prime Minister's Office;
Royal Customs and Excise Department (Jabatan Kastam dan Eksais Diraja; RCED) — leading organisation for the Ease of Doing Business (EODB) indicator Trading Across Borders (TAB);
Department of Economic Planning and Statistics (Jabatan Perancangan Ekonomi dan Statistik; DEPS) — in line with Wawasan Brunei 2035, DEPD aims to foster Brunei's sustainable economic growth through visionary planning, innovative implementation involving all societal sectors, and the provision of high-quality, internationally-aligned statistics.

In the fiscal year 2022–23, the ministry has been allocated a budget of B$1 billion^[d], an eight percent increase from the previous year.^[3]

First minister

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No.	Minister	Term start	Term end	Time in office	Ref.
1	Hassanal Bolkiah	1 January 1984	21 October 1986	2 years, 293 days	^[7]
2	Jefri Bolkiah	21 October 1986	23 February 1997	10 years, 125 days	^[7]
(1)	Hassanal Bolkiah	23 February 1997	incumbent	27 years, 271 days	^[7]^[8]

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Second minister

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No.	Portrait	Minister	Term start	Term end	Time in office	Ref.
1		Abdul Rahman Ibrahim	24 May 2005	30 January 2018	12 years, 251 days	^[9]
2		Amin Liew Abdullah	30 January 2018	incumbent	6 years, 295 days	^[9]

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Deputy minister

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Minister	Term start	Term end	Time in office	Ref.
Ahmad Wally Skinner	21 October 1986	March 2003	16 years	^[10]
Yakub Abu Bakar	March 2003	20 September 2004	1 year	^[11]
Bahrin Abdullah	29 May 2010	22 October 2015	5 years, 146 days	^[12]
Hisham Mohd Hanifah	22 October 2015	30 January 2018	2 years, 100 days	^[13]
Amin Liew Abdullah	22 October 2015	30 January 2018	2 years, 100 days	^[13]
Ahmaddin Abdul Rahman	30 January 2018	7 June 2022	4 years, 128 days	^[14]
Abdul Manaf Metussin	20 September 2018	7 June 2022	3 years, 260 days	^[15]
Khairuddin Abdul Hamid	7 June 2022	incumbent	2 years, 166 days	^[16]
Pengiran Zety Sufina	7 June 2022	incumbent	2 years, 166 days	^[16]

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Brunei Darussalam Central Bank

The official Malay name upon the appointment was Dato Seri Setia Dr. Awang Haji Mohd. Amin Liew bin Abdullah.^[1]
The official Malay name upon the appointment was Awang Haji Khairuddin bin Haji Abdul Hamid.^[1]
The official Malay name upon the appointment was Pengiran Hajah Zety Sufina binti Pengiran Dato Paduka Haji Sani.^[1]
≈US$718 million as of July 2022^[6]

[1]
Ali Rahman, Muhammad Khairulanwar (8 June 2022). "Perlantikan, Pertukaran Menteri Kabinet, Timbalan Menteri" (PDF). Pelita Brunei (in Malay). No. 67 #69. pp. 3–4. Retrieved 21 July 2022.
[2]
Menon 1987, p. 92.
[3]
Haris, Nabilah (27 February 2022). "MoFE proposes $1 billion budget for upcoming fiscal year". The Scoop. Archived from the original on 27 February 2022. Retrieved 21 July 2022.
[4]
The Scoop (7 June 2022). "HM announces major cabinet shakeup — full list of appointees". The Scoop. Archived from the original on 2 July 2022. Retrieved 21 July 2022.
[5]
"Ministry of Finance and Economy - Departments". www.mofe.gov.bn. Retrieved 22 July 2024.
[6]
"1,000,000,000 BND to USD - Bruneian Dollars to US Dollars Exchange Rate". XE.com. Retrieved 21 July 2022.
[7]
"Ministry of Finance". The Government of Brunei Darussalam Official Website. Archived from the original on 6 July 2011. Retrieved 27 October 2010.
[8]
"Group of 30 :: Resources". group30.org.
[9]
Scoop, The (30 January 2018). "HM announces surprise cabinet reshuffle - full list of new appointees". The Scoop. Retrieved 30 December 2022.
[10]
"Sultanate – News | Negara Brunei Darussalam | His Majesty pays last respects to late Pehin Dato Hj Awg Ahmad Wally Skinner". www.sultanate.com. Retrieved 16 August 2023.
[11]
Brunei Darussalam. Broadcasting and Information Department, Ministry of Culture, Youth and Sports. 2003. p. 9.
[12]
"Ucapan Setinggi-tinggi Tahniah" (PDF). Ministry of Development Negara Brunei Darussalam. pp. 1–2. Retrieved 14 August 2023.
[13]
Hennida, Citra; Wardhana, Agastya; Sahab, Ali; Saadah, Kholifatus; Pratiwi, Fadhila Inas; Ratmoko, Eko (22 December 2020). Respons Negara-Negara Asia Tenggara Terhadap Dominasi China (in Indonesian). Airlangga University Press. p. 204. ISBN 978-602-473-670-5.
[14]
"SCENE SETTING SPEAKER IN "THE ROLE OF FINANCIAL LITERACY IN ASEAN'S ECONOMIC PROSPERITY" PANEL DISCUSSION". ASEAN BAC. 2022.
[15]
Azmi, Azrol (3 October 2018). "Sultan attends swearing-in ceremony of deputy ministers". Borneo Bulletin Online. Archived from the original on 3 October 2018. Retrieved 6 September 2024.
[16]
Bandial, Rasidah Hj Abu Bakar, Ain (7 June 2022). "HM: New cabinet must carry out duties with 'full loyalty and responsibility'". The Scoop. Retrieved 14 September 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)

Menon, K.U. (1987). "BRUNEI DARUSSALAM IN 1986: In Search of the Political Kingdom". Southeast Asian Affairs. 1987: 85–101. doi:10.1355/SEAA87F. JSTOR 27908570.

Official website

This Bruneian government-related article is a stub. You can help Wikipedia by expanding it.

[Amin-2] The official Malay name upon the appointment was Dato Seri Setia Dr. Awang Haji Mohd. Amin Liew bin Abdullah.^[1]

[Khairuddin-3] The official Malay name upon the appointment was Awang Haji Khairuddin bin Haji Abdul Hamid.^[1]

[Zety-4] The official Malay name upon the appointment was Pengiran Hajah Zety Sufina binti Pengiran Dato Paduka Haji Sani.^[1]

[budget_USD-10] ≈US$718 million as of July 2022^[6]

[Khairulanwar_8.6.2022-1] [1]
Ali Rahman, Muhammad Khairulanwar (8 June 2022). "Perlantikan, Pertukaran Menteri Kabinet, Timbalan Menteri" (PDF). Pelita Brunei (in Malay). No. 67 #69. pp. 3–4. Retrieved 21 July 2022.

[FOOTNOTEMenon198792-5] [2]
Menon 1987, p. 92.

[Nabilah_27.2.2022-6] [3]
Haris, Nabilah (27 February 2022). "MoFE proposes $1 billion budget for upcoming fiscal year". The Scoop. Archived from the original on 27 February 2022. Retrieved 21 July 2022.

[Scoop_7.6.2022-7] [4]
The Scoop (7 June 2022). "HM announces major cabinet shakeup — full list of appointees". The Scoop. Archived from the original on 2 July 2022. Retrieved 21 July 2022.

[8] [5]
"Ministry of Finance and Economy - Departments". www.mofe.gov.bn. Retrieved 22 July 2024.

[XE_21.7.2022-9] [6]
"1,000,000,000 BND to USD - Bruneian Dollars to US Dollars Exchange Rate". XE.com. Retrieved 21 July 2022.

[finmins-11] [7]
"Ministry of Finance". The Government of Brunei Darussalam Official Website. Archived from the original on 6 July 2011. Retrieved 27 October 2010.

[12] [8]
"Group of 30 :: Resources". group30.org.

[:1-13] [9]
Scoop, The (30 January 2018). "HM announces surprise cabinet reshuffle - full list of new appointees". The Scoop. Retrieved 30 December 2022.

[:12-14] [10]
"Sultanate – News | Negara Brunei Darussalam | His Majesty pays last respects to late Pehin Dato Hj Awg Ahmad Wally Skinner". www.sultanate.com. Retrieved 16 August 2023.

[15] [11]
Brunei Darussalam. Broadcasting and Information Department, Ministry of Culture, Youth and Sports. 2003. p. 9.

[16] [12]
"Ucapan Setinggi-tinggi Tahniah" (PDF). Ministry of Development Negara Brunei Darussalam. pp. 1–2. Retrieved 14 August 2023.

[17] [13]
Hennida, Citra; Wardhana, Agastya; Sahab, Ali; Saadah, Kholifatus; Pratiwi, Fadhila Inas; Ratmoko, Eko (22 December 2020). Respons Negara-Negara Asia Tenggara Terhadap Dominasi China (in Indonesian). Airlangga University Press. p. 204. ISBN 978-602-473-670-5.

[:0-18] [14]
"SCENE SETTING SPEAKER IN "THE ROLE OF FINANCIAL LITERACY IN ASEAN'S ECONOMIC PROSPERITY" PANEL DISCUSSION". ASEAN BAC. 2022.

[19] [15]
Azmi, Azrol (3 October 2018). "Sultan attends swearing-in ceremony of deputy ministers". Borneo Bulletin Online. Archived from the original on 3 October 2018. Retrieved 6 September 2024.

[20] [16]
Bandial, Rasidah Hj Abu Bakar, Ain (7 June 2022). "HM: New cabinet must carry out duties with 'full loyalty and responsibility'". The Scoop. Retrieved 14 September 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)

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