The Department of Finance under its Financial Management Improvement Program Division (FMIP) has held a training on Public Expenditure and Financial Accountability (PEFA) on September, 23 to 22, at the Institute of Public Administration in Port Moresby. The training was attended by the Department of Finance staff, government agencies and stakeholder representatives to strengthen Public […]
The Department of Finance Secretary Dr Ken Ngangan has been awarded an Order of the British Empire (OBE) for his contribution to public services and public financial management and governance reform. Dr Ken Ngangan was among 87 recipients of the 2019 Queen’s Birthday Honors for their services to their country and community. “I am truly […]
The National Executive Council has reappointed Dr Ken Ngangan to serve second term as the Secretary for the Department of Finance. Dr Ngangan hails from Kombi Ambum District in Enga Province. He had served as the Finance Secretary for six years since 2013, two years of which in acting capacity. He signed his four-year contract […]
The Department of Finance has launched its new cash office at Vulupindi Haus. The facility is part of the modernization and reform programs that are being undertaken by the Department to improve service delivery to the clients. Finance Minister James Marape said; “This is the phase of our relationship and interaction with the public who […]
The Department of Finance launched its five-year Corporate Plan 2018-2022 on August 16 2018 at Holiday Inn. On that day was also the first AGM of the Association of Government Accountants and Public Finance Managers Inc. Present at the launching were the Finance Minister, James Marape, and Secretary for Finance, Dr. Ken Ngangan. Dr. Ngangan […]
43 Department of Finance inductees received their public service course certificates at Vulupindi Haus on Friday 21st April 2018. The certificate presentation was attended by the Minister for Finance, Honourable James Marape, and Secretary for Finance, Dr Ken Ngangan along with senior executive management and staff. In his address, Mr Marape encouraged the inductees to […]
The Integrated Financial Management System (IFMS) is a major part of the Financial Management Improvement Program (FMIP) and a core component of the reforms to the Public Financial Management.
2016 has been a very productive year for the Department of Finance in delivering tangible results to improve the public financial management system and build robust, transparent and good governance practices to manage public money and public resources for the nation.
In September 2015 the PEFA PFM Reform Road Map 2015-2018 was launched. This document is the result of one and a half years of detailed examination and analysis into public financial management.
The Department of Finance, in partnership with the University of PNG and with assistance from the Chartered Institute of Public Finance Managers of England and Wales, has tailored a specialised degree program, the Bachelor of Public Finance and Accountancy.