History

Bandeyrige around the year 1968

Ghaazee Building which housed the Ministry of Finance in the 1980s
Early historical records reveal that financial affairs in Maldives were managed by people titled “Bodu Bandeyrin”. In the year 1932, the first government office for finance was officially established in Maldives as “Vuzaaraathul Maaliyya”, and Al Ameer Hassan Fareed Didi was appointed as the head of this office.
Over the years, this government office has evolved tremendously, gradually increasing in its roles and responsibilities. Previously named the Department of Finance and later, the Ministry of Finance, it was finally named the Ministry of Finance and Treasury in the late 1980s.
During this period, various government officials have been appointed as the Head of this Ministry, and have played a significant role in working towards the Ministry’s vision.
Former Heads of Ministry
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1903
Summuvul Ameer Abdul Majeed Rannaban’deyri Kileygefaanu
11 March 1903 to 14 October 1932 - Bodu Ban’deyri
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1932
Al Ameer Hassan Fareed Didi
22 December 1932 to 18 January 1942 - Vazeerul Maaliyya Mahukamathul Maaliyya ge Veriya
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1942 1951
Summuvul Ameer Mohamed Amin Doshimeynaa Kileygefaanu
18 January 1942 to 22 April 1951 - Mahukamathul Maaliyya ge Veriya
22 April 1951 to 31 December 1952 - Vazeerul Maaliyya
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1954
Saahibul Ma'lee Ibrahim Mohamed Didi
12 July 1954 to 27 November 1955 - Vazeerul Maaliyya
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1955
Summuvul Ameer Ibrahim Faamulaadheyri Kileygefaanu
27 November 1955 to 14 December 1957 - Vazeerul Maaliyya
14 December 1957 to 11 November 1968 - Vazeerul Maaliyya
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1957
Summuvul Ameer Ibrahim Nasir Rannaban’deyri Kileygefaanu
14 December 1957 to 11 November 1968 - Vazeerul Maaliyya
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1970
Honourable Abdul Sattar Moosa Didi
29 October 1970 to 10 March 1975 - Minister of Finance
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1977
Al Ameer Mohamed Nooruddin
7 July 1976 to 11 November 1978 - Minister of Finance
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1978 1989 1993
Al-Ustaz Maumoon Abdul Gayyoom
11 November 1978 to 12 December 1988 - Head of Department of Finance
5 January 1989 to 11 November 1993 - Minister of Finance
11 November 1993 to 1 September 2004 - Minister of Finance and Treasury
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1978 1988 1989
Honourable Ismail Fathy
13 November 1978 to 12 December 1988 - Director of Department of Finance
12 December 1988 to 5 January 1989 - Director of Ministry of Finance
5 January 1989 to 11 November 1993 - Minister of State for Finance
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1993
Honourable Arif Hilmy
11 November 1993 to 31 May 2000 - Minister of Finance and Treasury
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2000 2004
Honourable Mohamed Jaleel
1 June 2000 to 1 September 2004 - Minister of State for Finance and Treasury
1 September 2004 to 14 July 2005 - Minister of Finance and Treasury
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2005
Honourable Qasim Ibrahim
18 August 2005 to 15 July 2008 - Minister of Finance and Treasury
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2008
Honourable Abdulla Jihad
15 July 2008 to 11 November 2008 - Minister of Finance and Treasury
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2008 2010
Honourable Ali Hashim
12 November 2008 to 28 June 2010 - Minister of Finance and Treasury
7 July 2010 to 12 December 2010 - Minister of Finance and Treasury
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2011
Honourable Ahmed Inaz
10 April 2011 to 29 December 2011 - Minister of Finance and Treasury
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2012
Honourable Mohamed Shihab
4 January 2012 to 8 February 2012 - Minister of Finance and Treasury
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2012 2013
Honourable Abdulla Jihad
5 March 2012 to 16 November 2013 - Minister of Finance and Treasury
17 November 2013 to 22 June 2016 - Minister of Finance and Treasury
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2016
Honourable Ahmed Munawar
22 June 2016 to 15 November 2018 - Minister of Finance and Treasury
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2018
Honourable Ibrahim Ameer
17th November 2018 - Ministry of Finance