Finance Minister of the Palestinian National Authority
Encyclopedia
The Finance Minister of the Palestinian Authority is the head of the Palestinian National Authority
Palestinian National Authority
The Palestinian Authority is the administrative organization established to govern parts of the West Bank and Gaza Strip...

 (PNA) branch that is in charge of finance. The minister deals with launching audits, collecting tax from Palestinian businesses and overseeing financial aid directed to the PNA. Salam Fayyad
Salam Fayyad
Salam Fayyad is a Palestinian politician and Prime Minister of the Palestinian National Authority of the Palestinian National Authority. His first appointment, on 15 June 2007, which was justified by President Mahmoud Abbas on the basis of "national emergency", has not been confirmed by the...

 is the current Finance Minister.

In April 2007 it was reported that that branch was not receiving satisfactory amounts of money. It was estimated that the PNA gained only $40 million, while $160 million was the amount required.

Functions

The Finance Minister is in charge of
  • Controlling financial activities of the PNA and its expenditure.
  • Supervising, studying and organizing monetary funds and the economic and political analysis of financial aid directed towards the PNA.
  • Supervising and controlling the private capital funds of the PNA.
  • Providing the money needed for facing the government's expenditures.
  • Paying the salaries of government employees.
  • Managing and settling employee salaries and retirement of civil administration and compensation in accordance with the laws and regulations in force.
  • Scrutinizing and overseeing all financial transactions, including accounting principles adopted legally and that follow the principles of the Ministry for accountability and transparency during all stages of its work.
  • Monitoring the implementation of the provisions of financial legislation in force.

Finance ministers

# Name Party Time
1 Mohammad Zuhdi Nashashibi Fatah
Fatah
Fataḥ is a major Palestinian political party and the largest faction of the Palestine Liberation Organization , a multi-party confederation. In Palestinian politics it is on the left-wing of the spectrum; it is mainly nationalist, although not predominantly socialist. Its official goals are found...

July 1994-June 2002
2 Salam Fayyad
Salam Fayyad
Salam Fayyad is a Palestinian politician and Prime Minister of the Palestinian National Authority of the Palestinian National Authority. His first appointment, on 15 June 2007, which was justified by President Mahmoud Abbas on the basis of "national emergency", has not been confirmed by the...

Independent June 2002-November 2005
3 Ahmad Qurei (interim) Fatah
Fatah
Fataḥ is a major Palestinian political party and the largest faction of the Palestine Liberation Organization , a multi-party confederation. In Palestinian politics it is on the left-wing of the spectrum; it is mainly nationalist, although not predominantly socialist. Its official goals are found...

November 2005-March 2006
4 Omar Abd al-Razaq Hamas
Hamas
Hamas is the Palestinian Sunni Islamic or Islamist political party that governs the Gaza Strip. Hamas also has a military wing, the Izz ad-Din al-Qassam Brigades...

March 2006-June 2006
5 Yousef Rizqa (interim) Hamas
Hamas
Hamas is the Palestinian Sunni Islamic or Islamist political party that governs the Gaza Strip. Hamas also has a military wing, the Izz ad-Din al-Qassam Brigades...

June 2006-January 2007
6 Samir Abu Eisheh
Samir Abu Eisheh
Samir Abu Eisheh is the former Planning Minister of the Palestinian National Authority . He served in the Palestinian Tenth Government and Eleventh Government as an expert in planning. He graduated from the Pennsylvania State University with a PhD in Civil Engineering...

 (interim)
Hamas
Hamas
Hamas is the Palestinian Sunni Islamic or Islamist political party that governs the Gaza Strip. Hamas also has a military wing, the Izz ad-Din al-Qassam Brigades...

January 2007-March 2007
7 Salam Fayyad
Salam Fayyad
Salam Fayyad is a Palestinian politician and Prime Minister of the Palestinian National Authority of the Palestinian National Authority. His first appointment, on 15 June 2007, which was justified by President Mahmoud Abbas on the basis of "national emergency", has not been confirmed by the...

Third Way
Third way (centrism)
The Third Way refers to various political positions which try to reconcile right-wing and left-wing politics by advocating a varying synthesis of right-wing economic and left-wing social policies. Third Way approaches are commonly viewed from within the first- and second-way perspectives as...

March 2007-present

See also

  • Interior Ministry of Palestinian National Authority
  • Foreign Minister of the Palestinian Authority
  • Prime Minister of the Palestinian Authority

External links

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