What are the key responsibilities of the Department of Finance?
The Department is responsible for providing direction and support in financial policy, systems, information processing, procedures, monitoring and reporting requirements for the whole of Government. It also administers performance and execution of government development plans and annual budgets.
I work as an accountant in another government department- does the department of finance provide courses for professional development?
The Department is leading a new professional association for government officers in the finance sector with the aim of networking and strengthening professional development. The application form can be downloaded here. The Department has also been instrumental in developing the Bachelor of Public Finance and Accountancy.
What are the department’s top priorities?
The Department’s top priority is in supporting the Government to promote the efficient, effective and ethical use of public money in Papua New Guinea. To support this priority the Department is leading the implementation of financial reforms which has included updated legislation and the use of technology to strengthen financial reporting.
Which legislation guides the Department?
The Department of Finance is mandated by the Constitution, the Organic Law on Provincial and Local-level Governments and the Public Finance Management Act (PFMA)