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Eye of Riyadh
Ministry Of Finance

Ministry Of Finance

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Government Sectors > Ministries

When instructions were issued by the Kingdom of Hejaz that financial matters were to be managed by a finance directorate, a single entity in the form of a General Directorate of Finance was established on 14/10/1927. Royal Order No. 381 was issued on 14/5/1932. changing the name of the General Directorate of Finance to the Ministry of Finance, thus becoming the second ministry to be established after the Ministry of Foreign Affairs. The Ministry of Finance was made responsible for regulating, managing and securing the collection of state funds, and their expenses, and became the general authority for financial matters in the Kingdom of Hejaz and Nejd and its subsidiaries.

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