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
Year: 2016
Finance Framework Review – the team behind the scenes
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
PEFA Road Map launch
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
Customised Bachelor qualification to develop skilled and competent public finance managers
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
New Professional Association for government accounting staff
Public accountants and related practitioners will now have their own dedicated professional association. The Department of Finance has led the establishment of a registered association,
Young Leaders Network (YLN)
The Young Leaders Network is an initiative to bring together junior staff to encourage and nurture their professional development. The group was formed in 2015
National fees and charges revised
Many fees and charges to the general public across the nation have not been revised for many years. The Department of Finance worked with other
Public Finances Management Act (PFMA)
The PFMA was passed unanimously by Parliament on 11 August. We are expecting certification very soon and staff are working on updating the Financial Management
Department of Finance in the spotlight at international PEFA Conference
The Secretary presented the Department’s work at the annual international PEFA (Public Expenditure and Financial Accountability) conference 26-29 April held in Hungary. This year’s conference,
Staff Graduation
Congratulations to inaugural Department of Finance graduates who graduated in April from the University of PNG. These graduates are the first employees to have benefited