Financial Policy and Budget Management Sector

The Financial Policy and Budget Management Sector is responsible for:

  • framework development with regard to budget policy,
  • monitoring and providing advice on the implementation of the planning & control cycle and
  • the consolidation and preparation of budgets, financial statements, annual reports and reports.

In addition to the above, this sector is responsible for:

  • the preparation of an Administrative Organization (AO) procedure and guidelines for external control,
  • conducting audits of all ministries and
  • the management of the government’s funds. This includes managing investment, loans, payments, revenues, cash, balances and risks (interest rates and foreign exchange).