Dec 14, 2017 Last Updated 2:48 PM, Dec 12, 2017

The Minister of Finance & the Public Service

The Honourable Minister Audley Shaw CD, MP, Minister of Finance and the Public Service. He is a graduate of Northern Illinois University (NIU) with a Bachelor of Arts and Master of...

Minister of State in the Ministry of Finance and the Public Service

The Honourable Rudyard Spencer, CD, MP is Minister of State (Public Service), with the Ministry of Finance and Public Service. Minister Spencer studied Industrial Relations at Medg...

Minister of State in the Ministry of Finance and the Public Service

The Honourable Fayval Williams, MP, is Minister of State in the Ministry of Finance and the Public Service. Minister Williams is a Chartered Financial Analyst (CFA), and holds an M...

Policy Coordination

The Public Expenditure Policy Coordination Division, formerly known as the Financial Management Division, became functional in 2001, to focus on policy development as it relates to procurement, information technology, legal and public sector reform, financial management, information systems and procedures, asset management and executive agencies. The division also holds the responsibility for the monitoring and implementation of computerized accounting software packages in all ministries and departments in order to ensure compliance with regulations and policy decisions.

MISSION

To promote sound financial management and high standards of financial regularity, accountability and performance effectiveness in the Public Sector

OBJECTIVES

  • Prudently manage divisional resources in an efficient and effective manner;
  • Facilitate timely decision making through efficient coordination of Cabinet Submissions;
  • Improved accounting, management and control of government assets through implementation of comprehensive automated inventory management system;
  • Ensure that the most efficient effective and economic financial/ accounting management system is implemented to improve accountability service wide;
  • Maintain a system of accountability for financial breaches and monitor extent of implementation workable solutions recommended by the PAC;
  • Increase the level of financial accountability and the efficiency within Executive Agencies (EAs);
  • Enhance the professionalism of Internal Auditors & audit committee members in Central Government via development & training opportunities facilitated by the Internal Audit Directorate;
  • Procurement policies that are congruent with international standards, are technologically driven and support effective & efficient financial management