New Corporate Plan sets out MoFT’s priorities for next three years

The Ministry of Finance and Treasury (MoFT) has launched a new corporate plan which sets out its priorities over the next three years.

Permanent Secretary McKinnie Dentana launched the 3 year roadmap document (2020-2022 Corporate Plan) on-behalf of the MoFT Minister on Wednesday 4^th March at the Ministry’s compound under the theme “Institutional Strengthening”.

Senior government officials, representatives from development partners, government officers from line Ministries, distinguish guest and staff of the Ministry observed the ceremony.

The document (Corporate Plan) outlines the Ministry’s mission, its core businesses, key priorities and how a range of policy objectives and initiatives will be undertaken over the next 3 years.

“This plan plays an important role in assisting the Government to provide essential services to the people of the Solomon Islands,” MoFT PS, Dentana said.

Meanwhile, Mr. Dentana urged the executive and staff to formulate an Institutional Strengthening program to operationalise the Corporate Plan that would enable the ministry to continuously monitor, and evaluate the implementation of the valuable document.

He said that since the roadmap document now officially launched, the next step that his ministry will focus on now is to establish a reporting framework so that the achievements, challenges and way forward will be reported against regularly at different reporting periods.

PS McKinnie said that there will be no more business as usual for his Ministry as he urges all staff to (must) work hard every single day to make the changes necessary and to achieve the ministry’s vision.

“As we go forward, we must stand proud and take ownership within whatever role we play, as we all are a part of achieving this Corporate Plan.”

Mr. McKinnie also thanked his executive members, staff and everyone who turned up for the very important occasion on Wednesday and for making sure the event was successfully organised.

The Ministry of Finance and Treasury (MoFT) is one of the government organisation that has the responsibility to provide strategic advice, leadership and reporting on economic reforms, monetary, budget and fiscal policy to the Solomon Islands Government. Across the public service, the Ministry is responsible for financial reporting, and preparing and managing the annual recurrent budget.

Its Mission is to aim to be a vibrant and recognised leader in delivering high quality financial related administrative services to the wider community. This is achieved through sound financial management advice and policies, good governance, creating economic stability and growth, along with border control initiatives that improves the lives of all Solomon Islanders.

The MoFT Vision is to become a vibrant and recognised lead Ministry that provides credible and reliable economic and financial leadership for a stable fiscal situation, financial and economic reforms, and border control initiatives that improves the lives of all Solomon Islanders.