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

GOVERNMENT OF MONTSERRAT AWARDS TENDER FOR DETAILED DESIGN OF NEW NATIONAL HOSPITAL
The Island’s Long-Awaited Hospital Project Moves into Detailed Design TheGovernment of Montserrat has awarded the tender for the detailed design of the island’s new national
26th April 2022

GOVERNMENT BOOKLET CELEBRATES STRONG EUROPEAN UNION-MONTSERRAT COOPERATION RELATIONSHIP
The Government of Montserrat is celebrating its successful development relationship with the European Union (EU) through the release of a booklet highlighting the EU-Montserrat achievements
29th March 2022

PREMIER FARRELL PRESENTS BALANCED BUDGET OF EC$194.03 MILLION
Montserrat’s Premier and Minister of Finance and Economic Management, Honourable Joseph E. Farrell today presented the Government of Montserrat’s EC$194.03 million Eastern Caribbean dollar budget
28th March 2022
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
BOOKLET: THE POWER TO CHANGE
Eight short stories highlighting the successful collaborative efforts between the European Union (EU) and the Government of Montserrat.
29th March 2022
15th October 2021