Sholan Ivaiti >Profiles
Financial Secretary

The Ministry of Finance and Economic Management (MFEM) was created with the enactment of the Ministry of Finance and Economic Management Act (MFEM Act)1995-1996 at the outset of the Economic Reform Program in the 1990s.

We recognise that the ministry serves three separate functions, namely:
- Treasury Operations concerning Fiscal and financial management of public expenditure
- Revenue collection (tax and customs)
- Collection and dissemination of statistics.

The common focus of the different functions of the ministry is service and sound decision-making. The Ministry of Finance and Economic Management was formed during the 1996 Reform Process and is frequently referred to by its acronym MFEM.

Taken from the MFEM Business Plan, 2005-06]

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