I don’t think so. Here’s why.
The new Constitution requires us to form so many ‘independent’ commissions and institutions, and an ‘independent’ civil service. The Minister of Finance no longer has the power to control their salaries and expenses. The salaries of the Parliamentarians are decided by themselves. The salaries of Judges and the Judiciary are decided by the Parliament. The salaries of most independent commissions and institutions are decided by themselves, and the salaries of the commission members and the heads are nominated by the Parliament. Any new revenue measure has to be first approved and passed by the Parliament. The annual government budget is obviously passed by the Parliament. Most of the time, the Parliament passes the budget with many amendments that increase the expenditure further.
What is the role of the Finance Minister then? Just pay all the salaries, and budgets, and then record all the numbers? It’s pretty obvious that the Finance Minister cannot save our economy. So who can?