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Ministry of Finance (Chile)

Government ministry of Chile

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The Ministry of Finance (Spanish: Ministerio de Hacienda) is the cabinet-level administrative office in charge of managing the financial affairs, fiscal policy, and capital markets of Chile; planning, directing, coordinating, executing, controlling and informing all financial policies formulated by the President of Chile.

Since 11 March 2026, the Minister of Finance is Jorge Quiroz.

In 1814 the Secretary of Finance was created, as Supreme Director Bernardo O'Higgins sought to develop an administrative framework for the then newly formed nation, considering the need to ascertain its independence from the Spanish crown. The office was first organized by a Presidential Decree on 2 June 1817, and was named "Secretariat of Finance" (1818 - 1824). Hipólito de Villegas was appointed to lead the new institution. The present structure, duties and attributions were defined by Presidential Decree N° 7912, "General Law of Ministries", on 30 November 1927.

According to Article 6 of Decree 7,912 of 1927, the Ministry of Finance responsibilities include, among others:

Management of State's financial policy

Collection and administration of public revenue

Study of custom policy and intervention in trade agreements

Issues concerning monetary laws, banks and credit institutions

Issues concerning corporation oversight, stock exchange and insurance

Everything related to public credit and the presentation in Congress of projects affecting public finance

The development and technical study of the Budget of the Nation and investment account

In practice, the Ministry of Finance executes policies through several related and dependent institutions.

Government Procurement Directorate

Public Purchasing and Recruiting Department

Superintendency of Banks and Financial Institutions

Superintendency of Securities and Insurance

Superintendency of Game Casinos

General Treasury of the Republic

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