Minister of Finance and Budget (Comoros)

The Minister of Finance and Budget of Comoros is a cabinet-level position in the government of the Union of the Comoros responsible for overseeing the nation's financial and budgetary matters. This individual plays a critical role in formulating and implementing economic policy, managing government revenue and expenditure, and ensuring the financial stability of the country.

The responsibilities of the Minister typically include:

• Budget Preparation and Execution: Developing the annual national budget, presenting it to the legislature (Assembly of the Union of Comoros) for approval, and overseeing its implementation.
• Revenue Collection: Managing the collection of taxes, customs duties, and other government revenues.
• Public Debt Management: Overseeing the national debt, negotiating loans, and managing debt repayments.
• Economic Policy: Contributing to the formulation of national economic policies and strategies.
• Financial Regulation: Supervising the financial sector, including banks and other financial institutions.
• International Financial Relations: Representing Comoros in international financial institutions such as the International Monetary Fund (IMF) and the World Bank.
• Financial Reporting: Preparing and presenting financial reports to the government and the public.

The Minister of Finance and Budget is appointed by the President of Comoros and is accountable to the President and the legislature. The specific powers and responsibilities of the office may be defined by the constitution and relevant legislation. The role is crucial for the economic stability and development of Comoros.