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from the pres­i­dency, Trea­sury was the only depart­ment specif­i­cally men­tioned in the 1996 Con­sti­tu­tion, ce­ment­ing its role as a cen­tral co­or­di­na­tor. Trea­sury has con­tin­ued to ex­er­cise strong au­thor­i­ta­tive di­rec­tion, in­sti­tut­ing new re­forms, di­rectly shap­ing pol­icy and oc­ca­sion­ally in­ter­ven­ing more di­rectly.

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