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: Ms. Hinauri Petana

Deputy Financial Secretary: Mrs. Lusia Sefo Leau 

• 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. Iulai Lavea

• 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 uphold its leading role in consolidating financial and socio-economic reforms for a vibrant Samoan economy.

MISSION                                                                                 To incorporate best practice in the provision of sound financial and socio-economic advice and delivery of services to all stakeholders.

MANDATE
The Ministry of Finance mandate derives from:

• Part VIII of the Constitution of the Independent State of Samoa.
• Ministerial and Departmental Arrangement Act 2003.
• Public Finance Management Act 2001.
• Public Bodies (Performance & Accountability) Act 2001 and Regulations
• Statistics Act 1971
• Births, Deaths and Marriages Registration Act 2002
• Treasury Instructions 1977 & Regulations 1965
• Stamp Ordinance 1932
• Insurance Act 1976
• Petroleum Act 1984
• Strategy for the Development of Samoa.
• Cabinet Directives.

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.