Financial Secretary Office News

Financial Secretary Office News

Cook Islands Telecommunication Principles

The Policy Framework and Intentions

Telecommunications are a key driver of economic and social development in what continues to be an increasingly fast moving knowledge intensive global environment. Telecommunication services today are akin to the old trade routes which opened up economic opportunities and transformed the global economic environment.

The sector requires dynamic and innovative participation, ensuring the sector delivers on the opportunities and potentials which are and will become available.

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MFEM Annual Report to the Public Service Commissioner for 2013-14

The Ministry of Finance and Economic Management (MFEM) is a key institution of the Crown. It is a
pivotal agency in the public sector responsible for revenue collection, expenditure, economic policy
advice, collecting statistics and managing official development assistance (ODA) on behalf of the
Crown.
The Ministry is one of the largest agencies (in terms of employee numbers) in the Cook Islands and it
covers a vast range of activities, due simply to its role as the manager of public monies. Ultimately
the Ministry’s achievements are not just of its own makings and efforts, to be successful the Ministry
needs to work closely with others, in 2013/14 many of its achievements are shared with others, such
as the implementation of the HRMIS/payroll with OPSC, rolling out the whole of government IT
network meeting with OPSC, managing the Te Mato Vai project with Infrastructure Cook Islands are
just examples.

To view the full report click here.

Day 2 of the ADB annual meeting

On Day 2 of the ADB annual meeting, Finance Minister Mark Brown participated in the 24th meeting of the Governors of the Pacific Developing Member Countries with the management of ADB including President Nakao. The ADB president outlined the banks strategy which focused on greater integration in the Pacific.