What does the Ministry of Finance Do?

The Ministry Of Finance formerly Treasury is headed by a Chief Executive Office CEO (Financial Secretary) who is the primary economic and financial adviser to cabinet and government. More specifically, the Ministry Of Finance does the following activities:

• Produce, implement and monitor the Annual Budget of the government.
• Monitor all state owned enterprises (such as the Water Authority and the Electric Power Corporation) as well as sit on the boards of organizations where Government has a vested interest. (such as Computer Services Limited.)
• Develop national economic strategies and plans.
• Manage the government payroll.
• Manage all government tenders and auctions.
• Manage all government procurement and payments.
• Manage the the maintenance of the main Government Building and the Women's Affairs complex.
• Manage stamp duty.
• Manage goverment funds in overseas banks.
• Carry out audit investigations concerning government property and government employees.
• Represent government in dealing with financial institutions such as the International Monetary Fund and the World Bank.
• Manage the repayments of all government loans.
• Manage the Government Wide Area Network.
• This not include BDM and Statistics

Organization of the Ministry of Finance

Minister of Finance: Hon. Niko Lee Hang

Chief Executive Officer Financial Secretary: Mr. Tupa'i Iulai Lavea

Deputy Financial Secretary: Ms Foketi Imo Evalu  

• Corporate & Strategic Services Division
• Budget Division
• Accounting & Financial Reporting Division
• Information Technology Division
• Internal Audit & Investigations Division
• Legal Unit

Deputy Financial Secretary Deputy CEO: Mr. Sealiimalietoa Melepone Isara

• Economic Policy & Planning Division
• Finance Division
• State Owned Enterprises Monitoring Division

Direct Report to the (Financial Secretary) CEO

• Internal Audit & Investigations Division

Vision, Mission, Mandate, Ethics Statement

VISION
The Ministry of Finance to maintain its leading role in sustaining a financially sound, socially stable and vibrant economy.

MISSION
To strengthen best practice in sound financial and macroeconomic management and delivery of services.

MANDATE
The Ministry of Finance mandate derives from:

• Constitution of the Independent State of Samoa;
• Ministerial and Departmental Arrangement Act 2003;
• Public Finance Management Act 2001 & Amendment 2005;
• Public Bodies (Performance & Accountability) Act 2001 and Amendment 2005 and Regulations;
• Treasury Instructions 1977 & Regulations 1965;
• Petroleum Act 1984;
• Strategy for the Development of Samoa;
• Cabinet Directives;
• Energy Policy 2007;
• Treasury Manuals;
• Procurement Guidelines;
• Ownership Performance & Diversity Policy;
• Tourism and Hotel Development Incentives Act 2003;
• PSC Act 2004 and Amendment 2007

ETHICS STATEMENT
To serve our clients promptly, honestly, fairly and with respect. To conduct Treasury business to the best of our ability, in confidence and with integrity.