Financial Secretary Office News

Financial Secretary Office News

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
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.

Minister Brown Holds Successful Discussions with ADB President

The Honourable Mark Brown, Cook Islands Minister of Finance met with ADB President Takehiko Nakao yesterday in Astana at the commencement of the 47th Annual Meeting of the ADB Board of Governors, held in Astana, Kazakhstan, from 2 to 5 May 2014.

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