Ministry of Finance (Maldives)

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Ministry of Finance and Public Enterprises
މާލީކަންކަމާއި ސަރުކާރު ކުންފުނިތަކާ ބެހޭ ވުޒާރާ
Maaleekankamaai Sarukaaru Kunfunithakaa Behey Vuzaaraa
Agency overview
Formed1932[1]
JurisdictionGovernment of the Maldives
HeadquartersAmeenee Magu, Block 379, Malé, Maldives
Minister responsible
Deputy Ministers responsible
  • Ahmed Saaid Musthafa[3]
  • Ahmed Aiman[3]
  • Hassan Miras[3]
  • Mohamed Anas[3]
  • Ahmed Ajwed[3]
  • Athuhar Ibrahim Rasheed[3]
Agency executives
  • Hussain Sham Adam[4], Minister of State for Finance
  • Ahmed Mazin[4], Minister of State for Finance
  • Zidna Ibrahim[4], Minister of State for Finance
  • Anas Abdul Sattar[4], Minister of State for Finance
  • Ahmed Naseer & Ahmed Munawar[5], Advisors to the Minister of Finance
  • Mohamed Faizal[5], Secretary General
  • Mohamed Azad[4], Account General
  • Ahmed Siraj[5], Permanent Secretary
  • Fathimath Salaha[5], Chief Internal Auditor
Websitefinance.gov.mv

The Ministry of Finance and Public Enterprises (Dhivehi: މާލީކަންކަމާއި ސަރުކާރު ކުންފުނިތަކާ ބެހޭ ވުޒާރާ) is the ministry responsible for managing the public finances, national development planning, and statistics of the Maldives.[6]

History

The Finance Ministry was established in 1932 under the Arabic name Vuzaaraathul Maaliyya to handle the Sultanate of the Maldives' financial affairs.[1] It was renamed to the Ministry of Finance and Planning in 2024.[7] In 2026, it was renamed the Ministry of Finance and Public Enterprises.[8]

Ministers

No. Portrait Name
(born-died)
Term Political party Government Ref.
Took office Left office Time in office
Bodu Ban’deyri
1
Abdul Majeed Rannaban’deyri Kileygefaanu
Abdul Majeed Rannaban’deyri Kileygefaanu
(1873–1952)
11 March 190314 October 193229 years, 217 days?Shamsuddeen III[9]
Vazeerul Maaliyya Mahukamathul Maaliyya ge Veriya
2
Hassan Fareed Didi
Hassan Fareed Didi
(1901–1944)
22 December 193218 January 19429 years, 27 days?Shamsuddeen III
Nooraddeen II
[9]
Mahukamathul Maaliyya ge Veriya
3
Mohamed Amin Didi
Mohamed Amin Didi
(1910–1954)
18 January 194222 April 19519 years, 94 days?Nooraddeen II
Abdul Majeed Didi
[9]
Vazeerul Maaliyya
3
Mohamed Amin Didi
Mohamed Amin Didi
(1910–1954)
22 April 195131 December 19521 year, 253 days?Abdul Majeed Didi[9]
4
Ibrahim Muhammad Didi
Ibrahim Muhammad Didi
(1902–1981)
12 July 195427 November 19551 year, 138 days?Muhammad Fareed Didi[9]
5
Ibrahim Faamulaadheyri Kileygefaanu
Ibrahim Faamulaadheyri Kileygefaanu
(1889–1975)
27 November 195511 November 196812 years, 350 days?Muhammad Fareed Didi[9]
6
Ibrahim Nasir
Ibrahim Nasir
(1926–2008)
14 December 195711 November 196810 years, 333 days?Muhammad Fareed Didi[9]
Minister of Finance
7
Abdul Sattar Moosa Didi
Abdul Sattar Moosa Didi
(1936–2015)
29 October 197010 March 19754 years, 132 days?Ibrahim Nasir[9]
8
Mohamed Nooruddin
Mohamed Nooruddin7 July 197611 November 19782 years, 127 days?Ibrahim Nasir[9]
Head of Department of Finance
9
Maumoon Abdul Gayoom
Maumoon Abdul Gayoom
(born 1937)
11 November 197812 December 198810 years, 31 days?Maumoon[9]
Minister of Finance
9
Maumoon Abdul Gayoom
Maumoon Abdul Gayoom
(born 1937)
5 January 198911 November 19934 years, 310 days?Maumoon[9]
Minister of Finance and Treasury
9
Maumoon Abdul Gayoom
Maumoon Abdul Gayoom
(born 1937)
11 November 197812 December 198810 years, 31 days?Maumoon[9]
Minister of Finance
9
Maumoon Abdul Gayoom
Maumoon Abdul Gayoom
(born 1937)
11 November 19931 September 200410 years, 295 days?Maumoon[9]
10
Arif Hilmy
Arif Hilmy11 November 199331 May 200010 years, 202 days?Maumoon[9]
11
Mohamed Jaleel
Mohamed Jaleel1 September 200414 July 2005316 days?Maumoon[9]
12
Qasim Ibrahim
Qasim Ibrahim
(born 1951)
18 August 200515 July 20082 years, 335 daysJPMaumoon[9]
13
Abdulla Jihad
Abdulla Jihad
(born 1964)
15 July 200811 November 2008119 days?Maumoon[9]
13
Ali Hashim
Ali Hashim12 November 200828 June 20101 year, 228 days?Nasheed[9]
13
Ali Hashim
Ali Hashim7 July 201012 December 2010158 days?Nasheed[9]
-
Mahmood Razee
Mahmood Razee
Acting
December 201010 April 2011119 days?Nasheed[9]
14
Ahmed Inaz
Ahmed Inaz10 April 201129 December 2011263 days?Nasheed[9]
-
Mohamed Aslam
Mohamed Aslam
Acting
2 January 20124 January 20122 daysMDPNasheed[9]
15
Mohamed Shihab
Mohamed Shihab
(born 1957)
4 January 20128 February 201235 daysMDPNasheed[9]
16
Abdulla Jihad
Abdulla Jihad
(born 1964)
5 March 201222 June 20164 years, 109 daysPPMWaheed
Yameen
[9]
17
Ahmed Munawar
Ahmed Munawar22 June 201615 November 20182 years, 146 days?Yameen[9]
18
Ibrahim Ameer
Ibrahim Ameer17 November 201817 November 20235 years, 0 daysMDPSolih[9]
19
Mohamed Shafeeq
Mohamed Shafeeq17 November 202330 September 2024318 daysPNCMuizzu[10][11]
20
Moosa Zameer
Moosa Zameer30 September 202426 December 202487 daysPNCMuizzu[11][12]
Minister of Finance and Planning
20
Moosa Zameer
Moosa Zameer26 December 202414 April 20261 year, 109 daysPNCMuizzu[12]
Minister of Finance and Public Enterprises
20
Moosa Zameer
Moosa Zameer14 April 2026Incumbent55 daysPNCMuizzu[13]
21
Hassan Zareer
Hassan Zareer8 June 2026Incumbent24 days?Muizzu[14]

References

  1. "Ministry of Finance". www.finance.gov.mv.
  2. "The Cabinet". The President's Office of the Republic of Maldives. Retrieved 17 February 2024.
  3. "Deputy Ministers". The President's Office of the Republic of Maldives. Retrieved 17 February 2024.
  4. "State Ministers". The President's Office of the Republic of Maldives. Retrieved 17 February 2024.
  5. "Minister Executives". Ministry of Finance of the Republic of Maldives. Retrieved 17 February 2024.
  6. "President restructures Ministries' responsibilities following Cabinet changes". The President's Office. 26 December 2024. Retrieved 30 December 2024.
  7. Mohamed, Mariyath (26 December 2024). "Some ministries merged, cabinet positions changed". The Edition. Retrieved 26 December 2024.
  8. "President restructures Cabinet to 15 members, with 12 newly appointed Ministers sworn in". The President's Office. Retrieved 14 April 2026.
  9. "History". Ministry of Finance and Planning. 29 December 2018. Retrieved 30 August 2025.
  10. "The President appoints members to the Cabinet". The President's Office. 17 November 2023. Retrieved 30 August 2025.
  11. "The President reshuffles Cabinet". The President's Office. 30 September 2024. Retrieved 30 August 2025.
  12. "President changes Cabinet composition, renames some Ministries". The President's Office. 26 December 2024. Retrieved 30 August 2025. During the ceremony, the President appointed, 1. Moosa Zameer as Minister of Finance and Planning
  13. "President restructures Cabinet to 15 members, with 12 newly appointed Ministers sworn in". The President's Office. 14 April 2026. Retrieved 9 June 2026.
  14. "President appoints Minister to Cabinet". The President's Office. 8 June 2026. Retrieved 9 June 2026.