About Us

This website is prepared to provide the Public access to information produced by the ministry and to keep you informed of what's going on.

 

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.

The Ministry of Finance and Economic Management was formed during the 1996 Reform Process and is frequently referred to by its acronym MFEM.

For further information please contact us by email at webinfo@cookislands.gov.ck

MFEM Director Profiles

Garth Henderson

Financial Secretary

GarthGarth is the Financial Secretary for the Ministry of Finance and Economic Management. In this role, he is the principal financial and economic advisor to government through MFEM's six divisions; accountable for ensuring public service excellence through the effective and efficient delivery of the Ministry's functions and government policies. 

Garth has worked in the Public Sector for almost 40 years, beginning with the Cook Islands Police Service in 1984. Prior to taking up the role of Financial Secretary in 2016, Garth led MFEM's Development Co-ordination Division (formerly known as the Aid Management Division) for almost six years. He was appointed Acting Financial Secretary in October 2010 for six months before taking up an advisory post with the Asian Development Bank in 2011.

Garth holds a BA in Management and Marine Affairs, Diploma of International Affairs and Master of Business Administration from the University of the South Pacific.

 

 

Economic Planning Division

Tristan Metcalfe

Director - Economic Planning Division

Tristan Metcalfe brings extensive experience in Cook Islands’ economic and fiscal policy and has a robust academic background in Economics. In his previous role as the Senior Macroeconomist, Tristan was heavily involved in the design and implementation of the Economic Response Plan (ERP) and subsequent Economic Recovery Roadmap (ERR), as well as contributing to the Economic Development Strategy 2030. He led the drafting of the Cook Islands updated Medium-Term Fiscal Framework in 2021 which recognized the impact the COVID-19 pandemic has had on the Cook Islands’ fiscal position, and put forward an appropriate set of fiscal rules to govern the economic recovery without compromising stability.
Since 2020 Tristan has been responsible for producing economic and tax revenue forecasts. This work moved from a relatively simple, econometric-based approach to a General Equilibrium framework that was developed by a modelling specialist.
Previously with MFEM in 2015 and 2016, Tristan filled the roles of Budget Manager, Economic Advisor (acting) and Economic Analyst at different stages.
Outside of the Cook Islands, he has worked in the Australian government’s Department of Finance on fiscal and economic analysis, with KPMG as a Senior Consultant in the Economics team in Canberra and as a Tutor at The Australian National University. 
Tristan has a Master of Economics and Graduate Diploma of Economics from The Australian National University, as well as a Bachelor of Commerce (Accounting) from Federation University and a Certificate II in Meat Processing.