The ministry of finance of the state of Puntland has been established on the 23rd of August 1998 as one of the first nine decanters (Ministries) immediately established after declaration of the Puntland government.
The Ministry of Finance is to regulate the Public and Private Financial Management of the State and to ensure the Healthily fluency of the State official Currency. The Ministry prepares the Government’s economic and financial policy as well as the Budget, and acts as a tax policy expert.
Ministry of finance collect and manages revenue ; budget planning, preparation and management; the formulation and promotion of national fiscal and economic policy; trade facilitation and border control; debt management; and the management of the State Enterprises Sector.