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.
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. Read more information here
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.
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).