The Ministry of Economy and Finance of Peru is the government ministry responsible for the planning and execution of economic policies of the Peruvian Government with the goal of optimizing the economic and financial activities of the state, establish macroeconomic activity, and achieve the sustainable growth of the nation's economy. As of 11 December 2022[update], the minister of Economy and Finance is José Arista .
Minister of Economy and Finance | |
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Ministerio de Economía y Finanzas | |
Incumbent José Arista since 13 February 2024 | |
Style | Minister |
Reports to | Prime Minister of Peru |
Residence | Ministry of Economy and Finance |
Seat | Palacio de Gobierno |
Appointer | President of Peru Dina Boluarte |
Term length | At the President's pleasure |
Inaugural holder | José de San Martín (de facto) José de la Riva-Agüero y Looz-Corswarem (first to bear the title) |
Formation | February 28, 1823 |
Succession | General Secretary of Economy and Finance |
Deputy | Deputy Minister of Economy Deputy Minister of Finance |
Website | https://www.mef.gob.pe/es/ |
On August 13, 1821, José de San Martín, president of Peru, created the General Secretariat of Finance along with the Chancellery, and the War and Navy Department. The first minister of Finance was Hipólito Unanue.
On March 2, 1969 the fundamental law of the Ministry of Finance, Law Decree Nº 17521, which gave the basis for the structure and function of the Ministry of Finance and on June 13, 1969 its name was changed to the current Ministry of Economy and Finance.
By the Law Decree Nº 23123 of July 9, 1980, the name of the ministry was changed again to the Ministry of the Economy Finance and Commerce and it was incorporated into the State Department of Commerce which belonged to the Ministry of Industry, Commerce, Tourism, and Integration. On January 30, 1985 the name was changed back to what it is today.
The ministries main functions are:
Names and date of taking office.[1]