MINISTRY OF FINANCE & ECONOMIC MANAGEMENT
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Overview of Ministry:
The Ministry of Finance & Economic Management is responsible for managing the financial resources of Government and to ensure that a proper legal framework and supporting systems are in place for that purpose. The Ministry, in delivering its mandate seeks to promote government’s fiscal policy framework; coordinate macroeconomic policy and intergovernmental and external financial relations; manage the budget preparation process; secure and allocate funding for approved public policies and programmes; and to monitor the implementation of departmental budgets. The Public Finance (Management and Accountability) Act mandates the Minister of Finance to develop and implement a national macro-economic and fiscal policy framework for Montserrat for a period of not less than 3 years and for this purpose must:
- Advise Government on the total of resources to be allocated to the public sector and the appropriate level of resources to be allocated to individual programmes within that sector;
- Advise on the state of the economy for current and projected periods;
- Supervise and monitor the public finances of Montserrat; and
- Co-ordinate the international and inter-governmental economic and fiscal relations of Montserrat
Mission
To secure and allocate appropriate levels of financial resources to fund public programmes and provide a strong but enabling framework to ensure that government’s financial and other resources are managed in an economically wise manner.
Vision
To be the pre-eminent financial services organisation supporting the achievement of a financially stable and independent Montserrat.
Ministry News
MONDAY APRIL 22, 2024 IS BUDGET DAY ON MONTSERRAT
Montserrat’s Premier and Minister of Finance, Honourable Joseph E. Farrell will deliver the island’s 2024-2025 Budget during a Meeting of the Legislative Assembly at the
15th April 2024
RESIDENTS ENCOURAGED TO PARTICIPATE IN UNFPA POPULATION AND POLICY TRAINING
Persons living on Montserrat have the opportunity to participate and benefit from the United Nations Population Fund (UNFPA) e-learning course on population dynamics and policy,
5th April 2024
GOVERNMENT OF MONTSERRAT MINISTERS ENGAGE IN A DAY OF FIELD VISITS
On Wednesday, March 6th the Premier, Hon. Joseph Farrell Deputy Premier, Hon. Samuel Joseph, Minister of Agriculture, Hon. Crenston Buffonge, Minister of Health and Education,
8th March 2024
Contact Details
Ministry of Finance & Economic Management P.O. Box 292 Government Headquarters Brades, Montserrat | Tel: (1) 664-491-2777 / 3057 Fax: (1) 664-491-2367 Email: minfin@gov.ms Web Site: https://gov.ms/ministry-of-finance |
Minister of Finance
Hon. Joseph E. Farrell
Financial Secretary
Hon. Lindorna Lambert
Featured Publications
1st November 2023
17th April 2023
17th April 2023