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Ministry of Finance (Kuwait)
Ministry of Finance is one of the governmental bodies of Kuwait and part of the cabinet.
==History and profile==
In Kuwait finance department dealt with the financial policies of the country until 1962 when the department was reorganized under the name of the ministry of finance and economy.〔(【引用サイトリンク】url=http://en.mof.gov.kw/MOFInfo/MOFBrief/MOFBrief.aspx )〕 In 1963 it was reshaped and named as ministry of finance and industry.〔 Then the body was renamed as the ministry of finance and oil in 1965〔 and dealt with finance- and oil-related policies until April 1975 when the ministry of oil was established.〔(【引用サイトリンク】url=http://www.moo.gov.kw/About-Us/Brief-History.aspx )〕 At the same time the ministry was reorganized under the current name, the ministry of finance in 1975.〔 The ministry extensively dealt with land purchases and comprehensive infrastructure projects.
In 1982 Public Investment Authority was established and attached to the ministry.〔 The Kuwait Investment Authority was founded in 1985 and has been under the control of the ministry and has been headed by the finance minister.〔 The ministry also regulates Kuwaiti stock market along with the Kuwait Stock Exchange, the Ministry of Commerce and Industry and the Central Bank of Kuwait.
The ministry which had been dominated by the Bani Jabir branch of the ruling family of Kuwait played a significant role during the invasion of Kuwait by Iraqi forces in 1990 in that it paid billions of dollars to allied countries in the form of aid or in contributions to the war effort. During this period the ministry was located at the London headquarters of the Kuwait Investment Office.〔
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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