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
Montserrat Customs Officers Participating in Customs Training in St. Kitts
Four Customs Officers from the Montserrat Customs and Revenue Service (MCRS) are currently in St. Kitts participating in the regional Customs Law Enforcement Council’s (CCLEC)
16th February 2024
Remaining Depositors of former Government Savings Bank asked to Contact Treasury Department
The Treasury Department is again asking all remaining depositors of the former Government Savings Bank (or their beneficiaries) to contact the Department to claim their
22nd January 2024
PROPERTY OWNERS ENCOURAGED TO PAY PROPERTY TAX BILLS
Property owners or their representatives on island are urged to pay their property taxes in a timely manner to avoid attracting penalty and interest charges.
11th December 2023
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
22nd April 2024
1st November 2023
17th April 2023