New Zealand's prime minister-elect John Key has formed a cabinet, promising to focus on the economy amid recession, reported BBC.
The top four men - John Key, Bill English, Gerry Brownlee and Simon Power - will cover tourism, finance, economic development, energy and justice.
Veteran Murray McCully will be foreign affairs minister and former diplomat Tim Groser will be in charge of trade.
The cabinet of 20 includes 14 new faces and six women. Eight other ministers will work outside the cabinet.
A first-time member of parliament, Steven Joyce, was made minister of transport, in an apparent reward for successfully managing Mr Key's campaign.
A second surprise was the award of the big budget social development portfolio to Paula Bennett.
The eight extra ministers outside cabinet include five from three allied minor parties.
Because the ministers from the Act party, United Future and Maori Party will not sit in cabinet, they will be allowed to oppose government policy outside their own portfolios.
Mr Key, a multi-millionaire former investment banker, has worked fast to form a government ahead of being signed in on Wednesday so he can leave for a summit in Peru the next day.
"The National-led government takes office at a challenging time for the country," Mr Key said after announcing his line-up.
"The growth outlook is weak, and international and domestic difficulties abound.
"This government will concentrate on boosting economic growth because that is what will lead us out of these challenging times," he said.
New Zealand media quoted business leaders expressing approval of the new conservative administration.
New Zealand entered recession in the first half of the year, and last week the outgoing government warned that prospects for a recovery had worsened due to the global turmoil.
During the campaign Mr Key promised that his government would accelerate tax cuts, increase help for people who lose their jobs and expand infrastructure investment.
Mr Key ended Helen Clark's nine years as leader of New Zealand in elections on 8 November.
Ms Clark has resigned as leader of the Labour Party and is widely expected to embark on a new international career.