MINISTRY OF ECONOMICS
BUILDING ECONOMIC POWER
The Minister of Economic Development.
This Minister is responsible for planning and leading the development programs of the Republic for industry, commerce, and comprehensive New Communities.
This Minister is responsible for farming.
This Minister is responsible for carrying out the Republic's plans for development cooperatives and for the establishment of a central bank
Key Responsibilities
Economic Strategy & Growth
Design policies to stimulate national economic development, improve productivity, and create jobs.
Trade & Commerce
Manage international trade relations, promote exports and import, and negotiate commercial agreements.
Market Regulations
Protect consumers, prevent monopolies, control prices to ensure fair competition, and oversee industry standards.
Industrial & Business Policy
Support key sectors of the economy, foster innovation, and create a favorable environment for business investment.
Policy Coordination
Collaborate with other government departments to ensure that infrastructure, energy, and employment policies align with broader economic objectives.
