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
PREMIER FARRELL AND MONTSERRAT DELEGATION CONTINUE KEY MEETINGS IN THE UK
On Friday November 17, 2023, Premier, Hon. Joseph E. Farrell and the Deputy Premier, Dr. the Hon. Samuel Joseph had several scheduled meetings in the United
18th November 2023
MONTSERRAT’S DELEGATION HOLDS BILATERAL DISCUSSIONS DURING JMC
Premier, Honourable Joseph E. Farrell led a Montserrat delegation to the UK for the annual Joint Ministerial Council (JMC) in London from November 14 to
16th November 2023
Montserrat’s New CT Scanner Arrives on Island
The Government’s Ministry of Health & Social Services and the Programme Management Office are pleased to confirm the on-island arrival of Montserrat’s first-ever Computed Tomography
3rd November 2023
Contact Details
Ministry of Finance & Economic Management P.O. Box 292 Government Headquarters Brades, Montserrat | Tel:Â (1) 664-491-2777 / 3057 Fax:Â (1) 664-491-2367Â Email:Â minfin@gov.ms Web Site:Â 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