General Objectives of the Ministry

• To align the planning budget with the state's strategic goals and attitudes for consistency with the targeted sector development projects and requirements.
• To achieve financial and economic balance by regulating the revenues, setting the diversification policies of national income resources and managing the public investments in the optimal alternative opportunities on the local and worldwide levels.
• To rationalize public expenditure by applying pro and post financial control techniques and managing the integrated financial systems and public warehousing systems
• To achieve the real public benefit of the offset transactions corresponding to the government import transactions whether in the filed of technology transfer, increase and diversification of gross national product or provision of new job opportunities in the labor market through well-considered studies of offset projects, cooperation agreements etc.
• To set economic balance and the stability of foreign exchange rate for the national currency by upgrading the use of monetary, financial and economic instruments in general.
• To achieve national and regional interests compatible with the state's general attitudes through activation of international economic cooperation as well as maintenance of the civic image of the State of Kuwait through the management of public hospitality at the optimal international standards.
• To rationalize the utilization and usage of the state domain.

Ministry General Terms of Reference

The Amiri Decree passed on 12/8/1986 in connection with the Ministry of Finance has outlined its main terms of reference as follows:

• Prepare the State General Budget draft, attached and independent budgets, lay down their implementation rules, following up such implementation and preparing the closing statements of the State, as per the provisions of the law.
• supervise the State General Treasury and apply the tax and control systems on the State revenues and expenses, as per provisions of the law.
• Supervise customs affairs and Israel boycott office.
• Supervise monetary affairs, as per the regulating laws.
• Manage and invest the State funds, including general reserve and the next generations fund, locally and abroad.
• Offer the required services to the State Employees Housing, as per the regulating rules.
• Supervise the State special funds and transaction before sale, utilization or rental, and cooperate in this respect with the concerned authorities.
• Supervise Kuwait's economic relations with all countries in the economic, investment and monetary cooperation fields. Further, the Ministry of Finance undertakes the affairs of the State general treasury and directing its investments locally and abroad.