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Minister of Finance (Samoa)

The Minister of Finance of Samoa is the cabinet minister responsible for the financial affairs of the Independent State of Samoa. This encompasses overseeing the Ministry of Finance, which manages the government's budget, taxation policies, public debt, and economic development strategies. The Minister plays a vital role in advising the Head of State and the Cabinet on all financial and economic matters affecting Samoa.

Key responsibilities typically include:

  • Preparing and presenting the annual national budget to Parliament.
  • Formulating and implementing fiscal policies to promote economic stability and growth.
  • Overseeing the collection of taxes and other government revenues.
  • Managing government spending and ensuring accountability.
  • Negotiating and managing external debt.
  • Representing Samoa in international financial institutions, such as the World Bank and the International Monetary Fund (IMF).
  • Developing and implementing economic development plans and strategies.

The Minister is appointed by the Head of State on the advice of the Prime Minister. The position is considered one of the most senior and influential roles within the Samoan government. The specific powers and responsibilities of the Minister are defined by legislation, including the Public Finance Management Act and related regulations. The Ministry of Finance provides the necessary administrative and technical support to the Minister in carrying out their duties.