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Welcome to the Ministry of

Finance, Planning, Economic Development & Physical Development

Divisions Overview

The Ministry is divided into the following departments:

  • Administration
  • Accountant General’s Department
  • Inland Revenue Department
  • Department of Customs and Excise
  • Department of Economic Management & Planning
  • Statistics Department
  • Economic and Technical Co-operation
  • Department of Energy & Sustainable Development
  • Department of Co-operatives
  • Government Printery
  • Debt Management Unit
  • Policy Unit
  • Budget Unit

A Department Head, who reports directly to the Permanent Secretary, manages each department.

ROLE BY DEPARTMENTS

Administration

General Administration

The main objective of this unit is to provide efficient and effective administrative support for the programmes of the Ministry.  Key functions are to:

    • Ensure that all incoming mail and Cabinet Conclusions are brought to the attention of the Permanent Secretary on a daily basis.
    • Assist the Permanent Secretary in the implementation of all Cabinet directives and policy decisions.
    • Ensure timely routing of all correspondence to addresses.
    • Collaborate with all other Departments and Ministries on administrative matters.
    • Provide Office Attendant/Chauffeur, photocopying and delivery service to all Divisions.
    • Hold management team meetings.
    • Ensure that the physical plant, equipment and sundry related items are in good condition (including vehicles)
    • Facilitate the timely sale of vehicles no longer required for use by Government Ministries.
    • Give support to departments and other Ministries in the procurement of computing services.

PERSONNEL

The main objective of this unit is to maximize benefits to the Ministry from Performance Management and Human Resource Development.  Key functions are to:

    • Ensure the personnel function is properly supervised.
    • Process appointments, promotions and applications for transfers, leaves and the like.
    • Match staff with budgeted post and salary scale.
    • Liaise with the Public Service Commission, the department of Human Resources and other Divisions on personnel matters.
    • Co-ordinate the Performance Appraisal process.
    • To coordinate training for employees in collaboration with the Department of Human Resources and advise heads of divisions on available training courses.

Records Management (registry)

The main objective of this unit is to provide services for the receipt, record, distribution and storage of written communications coming and leaving the Ministry.   Key functions are to:

    • Open and accurately record all incoming correspondence as well as outgoing mail.
    • Pass incoming mail to the Permanent Secretary and other designated Officers.
    • Accurately classify and docket correspondence.
    • Ensure timely routing of all correspondences to respective officers daily.

Finance management (finance unit)

The main objective of this unit is to provide accounting services for expenditure allocated to the Ministry.  Key functions are to:

    • Control and monitor the administration of the Ministry’s budget to ensure compliance with the Finance and Audit Act, the Appropriation Act and the Financial and Stores Rules.
    • Ensure timely preparation and processing of invoices.
    • Maintain internal accounts both recurrent and capital.
    • Prepare imprest warrants, special warrants and transfers.
    • Procurement and distribution of stores and supplies to maintain adequate stock levels.

Internal audit unit

The main objective of this unit is to safeguard government assets, review the financial and operational controls and conduct board of survey activities.  Key functions are to:

    • Ensure policies and practices are followed.
    • Ensure data on purchasing Journals and Payables on SIGFIS is accurate.
    • Review the financial and operational controls existing within the Ministry.
    • Review the settlement of all claims within 45 days of approval.
    • Conduct Board of Survey activities on all Ministries/Departments.
    • Provide assistance to any department in carrying out their statutory duties as Accounting Officers.
    • Work along with the audit department and cohere activities.
    • Report to the Permanent Secretary on a monthly basis
    • Provide technical support to the Permanent Secretary when requested.
    • Establish proper Audit procedures and practices to ensure that Internal Audit provides a service which is adequate and effective and which is suitably quality assured.

Corporate Communications

The key functions of this unit are to:

    • Coordinate all public awareness and educational activities of the Ministry.
    • Prepare and circulate press releases and other information for the media.
    • Manage the Ministry’s television programme “Finance Matters”.
    • Manage the publication and distribution of the Ministry’s newsletter “Inside Finance”.
    • Distribute all relevant information for public knowledge.

Office of Private Sector Development

    • Coordinate key private sector reforms;
    • Facilitate a dynamic partnership between Government, the Private Sector and Civil Society;
    •  Improve the Business Climate (Investment Code, Small Business Policy); &
    • Give Policy Direction to Investment Initiatives, including new Areas of Investment

 

Accountant General Department

The main responsibilities of the department include:

    • To ensure that a proper system of accounts is established and maintained in every department of the Government of Grenada.
    • Exercising supervision over public revenue and expenditure.

Divided into four operational units, this department manages twelve specific work functions:

ACCOUNTS

    • Payroll
    • Pensions
    • Investment

TREASURY

    • Treasury
    • Banking
    • Financial Reporting

OTHER ACCOUNTS

    • District Revenue Offices
    • Capital Projects
    • Other Government Liaison

INFORMATION TECHNOLOGY

    • IT Management
    • Hardware Support
    • Software Support

Inland Revenue Department

SERVICES PROVIDED

    • Administering Revenue Laws to wit:
      • Income Tax Act 36/1994
      • General Consumption Tax Act 7/1995
      • Annual Stamp Tax Act 36/1992
      • Ticket Tax Cap. 319
      • Property Transfer Tax Act 37/1998
      • Property Tax 2/1999
    • Collecting arrears of taxes under the Business Levy Debt service levy and VAT acts
    • Collecting and accounting for budgeted Tax Revenue and license fees in accordance with the above laws and financial rules
    • Discharging functions delegated by the Permanent Secretary Finance and other agencies relative to the collection of taxes, licenses and fees
    • Encouraging voluntary compliance through consultation, public awareness programmes, the dissemination of information and by rendering customer-friendly service.
    • Enforcement of the above legislation so as to bring delinquent taxpayers into compliance. (a) by issuance of warrants (b) best of judgment assessments (c) court action.
    • Management of the human and material resources provided in the annual budget efficiently and cost-effectively as possible so as to achieve revenue goals.

Read More 

Department of Customs and Excise

    • Processing of documents for the importation and exportation of goods.
    • Collection of import and export duties (Customs Revenue)
    • Accounting for customs revenue.
    • Facilitation of tax refunds.
    • Enforcement of import and export prohibitions and restrictions in accordance with the laws.
    • Encourage compliance by facilitating the clearance of legitimate imports and exports at Ports, Airport, Warehouses, Parcel Post, Courier Services and Sufferance Wharves.
    • Facilitation of entry and departure of ships and Aircrafts to and from Ports, Airports and Marinas.
    • Facilitation of bonds and deposits relative to imports and exports, including private warehouses and in-bond facilities.
    • Facilitation of concessions.
    • Seizure of drugs and contraband items.
    • Processing of air and sea passengers and their baggage.
    • Facilitation of stakeholders outside of official working hours.
    • Complaints resolution/Customer Care 

Read More

Department of Economic Management & Planning

The DEMP is the repository of economic management information and acts as advisor to the Minister of Finance and Cabinet on matters of fiscal policy, development strategy, investment programming and financing and debt management.

    • To prepare the annual estimates of revenue and expenditure according to the Government of Grenada macroeconomic and fiscal policy goals.
    • To monitor and facilitate the implementation of the annual budget.
    • Preparation of monthly, quarterly and annual reports on central government fiscal operations.
    • Preparation of monthly and quarterly Debt reports.
    • To record, update and manage public debt.
    • Analysis of developments in the economy and projections based on economic performance
    • Research and analysis of macroeconomic issues
    • Research and analysis of fiscal issues
    • Acts as a liaison with the Central Bank on research relating to the coordination of monetary and fiscal policy
    • Analysis of current international and regional development and their impact on the domestic economy.
    • Is the key player in advising and analyzing issues relating to debt and investment policy. 

Statistics Department

    • To ensure proper utilization of resources to improve efficiency
    • To monitor the price, quality and availability of basic food items
    • To provide quarterly and annual economic and social indicators for use in economic and social analysis
    • To develop harmonized statistics to effectively monitor and evaluate the Caribbean Single Market and Economy
    • Granting of licenses for certain imported items

Economic and Technical Co-operation

    • The ETC is the focal point of contact with international grant and lending agencies and so has technical leadership of the external resource mobilization effort and is also responsible for coordinating related policy dialogue.
    • To improve the information flow between Line Ministries and the Unit in preparation of Sector Plans and Project Identification activities.
    • Implementation of Poverty Reduction Strategy
    • Finalization of Country Assistance Strategies and Technical Cooperation Programmes with specific donors.
    • To facilitate the approval of Funding for Projects and Technical assistance outside the Country Assistance Programme of Cooperation Framework.
    • Increase the rate of implementation for the Capital Budget to a level of 70%.
    • To provide users of the PSIP with timely information.
    • To facilitate interface and cooperation between Government and NGO’s.

Department of Energy & Sustainable Development

    • Ensure adequate, reliable and economical energy services to sustain economic development, while satisfying the current and projected demands.
    • Encourage and promote the use of renewable energy technologies and energy efficiency alternatives.
    • Promote energy efficiency and energy conservation at all levels of the economy, in order to achieve optimum economic use of renewable and non-renewable sources of energy.
    • Promote , encourage and facilitate petroleum exploration and development in environmentally friendly (sustainable) manner.
    • To enable Grenada to meet its objectives relating to phasing out the use of Annex a CFC's under the Montreal Protocol.
    • To ensure timely, sustainable and cost-effective CFC phase-out through the development and implementation of a combination of investment, training, technical and policy/management support components.

Department of Co-operatives

    • To inspect all producer and Service Co-operative Societies to effect legislative compliance and adherence to industry benchmarks.
    • To promote and effect sustainable socio-economic growth and development of the Productive Co-operatives Sector.
    • To develop and execute training programmes for the Productive Co-operatives.

Government Printery

    • Publishing the weekly official Gazette and accompanying legislation.
    • Publishing the Extraordinary Gazette as required.
    • Printing statutory and other forms, reports, financial estimates booklets, programs, invitations, etc.
    • Providing efficient and aesthetic binding and finishing services for printed products.
    • Distributing printed matter and stationery to Ministries and Departments as requisitioned and facilitate the sale of official documents to the public.

Read More 

Debt Management Unit

The main objective of the Debt Management Unit is:  “Ensuring that the financing needs of the Government are met on a timely basis and that its debt service obligations are met at the lowest cost over the medium-to-long term, in a manner that is consistent with an acceptable and prudent degree of risk” (Public Debt Management Act 2015).

The DMU functions include:

  • Preparing the prospectus for government securities on the Regional Government Securities Market (RGSM) in compliance with PDMA 2015
  • Managing investor-creditor relations to maintain demand for government instruments
  • Developing a Medium-Term Debt Management Strategy (MTDS) and annual borrowing plan
  • Executing funding transactions in compliance with the MTDS
  • Preparing regular debt portfolio analysis and preparing and reporting debt statistics periodically
  • Providing  input for the preparation of the Debt Sustainability Analysis (DSA)
  • Recording all government borrowing and maintaining debt records accurately in the Commonwealth Secretariat Debt Recording & Management System (CS-DRMS) database
  • Comprehensive validation of the debt database
  • Monitoring disbursements and loan utilization and preparing forecasts of debt service payments as part of the annual budget preparation.

Debt Management Unit publications:

1. Quarterly Debt bulletin

2. Debt Portfolio Review

3. Prospectus for Government Securities

4. Medium-Term Debt Management Strategy 

Policy Unit

The purpose of the research and policy unit is to ensure that fiscal and macro economic policy decisions are well informed and have the necessary leverage, which will ensure that good policies are made.  In this regard, the unit serves to advise the Permanent Secretary on policy options relating to macro-economic and fiscal issues.  The Unit undertakes the following: 

  • Analysis of developments in the economy and projections based on economic performance
  • Research and analysis of macro-economic issues
  • Research and analysis of fiscal issues
  • Acts as a liaison with the Central Bank on research relating to the coordination of monetary and fiscal policy
  • Analysis of current international and regional development and their impact on the domestic economy.
  • Is the key player in advising and analyzing issues relating to debt and investment policy.  

Budget Unit

The objective of the budget unit is to allocate resources based on the Government’s priorities and its macroeconomic and fiscal policy goals, and to promote greater economy and efficiency in the utilization of those resources. This unit prepares the annual budget in a timely and accurate manner, and to pursue and safeguard fiscal health. 

GENERAL FUNCTIONS

  • Preparation of the Annual Estimates of Revenue and Expenditure
  • Facilitate and control the implementation of the Budget
  • Monitor budget implementation
  • Preparation of reports in a timely manner
  • Participate in fiscal and economic review, conducted by the ECCB, CDB, World Bank, CARTAC and IMF
  • Co-ordinate Public Finance Management (PFM) Reform initiatives 

DEPARTMENT HEADS

Administration – Ms. Rhona Andrew., Senior Administrative Officer

Telephone: +1 (473) 440-2731– (4) Ext. 5103 | +1 (473) 440-5883

Fax: +1 (473) 440-4115

 

Accountant General’s Department  - Mrs. Isha McDonald-Abraham, Accountant General

Telephone: +1 (473) 440-2731 – (4) Ext: 4005 | +1 (473) 440-2294

Fax: +1 (473) 435-1064

E- mail: ALouisObike@agd.gd /aobike@gov.gd

 

Inland Revenue Department – Mr. Michael Stephen, Comptroller of Inland Revenue (Actg)

Telephone: +1 (473) 440-2731 – (4) EXT. 4101 | +1 (473) 440-1905 | +1 (473) 435-3991

Fax: +1 (473) 440-6621

 

Department of Customs and Excise – Mr. Donnan Victor, Comptroller of Customs(Actg)

Telephone: +1 (473) 440-2239 | +1 (473) 440-2240 | +1 (473) 440-3588

Fax: +1 (473) 440-5038

E-mail: gdcustoms@spiceisle.com

 

Statistics Department – Director of Statistics Halim Brizan

Telephone: +1 (473) 440-1369

Fax: +1 (473) 440-4115

E-mail: gogstats@hotmail.com

 

Government Printery – Mr. Christopher Cornwall, Manager

Telephone: +1 (473) 440-2118 | +1 (473) 440-2098 | +1 (473) 440-0841

Fax: +1 (473) 440-6881

E-mail: govprintery@spiceisle.com

 

Debt Management Unit - Mr. Kerry Pierre

Policy Unit - Ms. Shari Joseph  

Divisions

The Ministry is divided into the following departments:

  • Administration
  • Accountant General’s Department
  • Inland Revenue Department
  • Department of Customs and Excise
  • Department of Economic Management & Planning
  • Statistics Department
  • Economic and Technical Co-operation
  • Department of Co-operatives
  • Government Printery
  • Debt Management Unit
  • Policy Unit
  • Budget Unit

A Department Head, who reports directly to the Permanent Secretary, manages each department.

ROLE BY DEPARTMENTS

Administration

Administration

General Administration

The main objective of this unit is to provide efficient and effective administrative support for the programmes of the Ministry.  Key functions are to:

  • Ensure that all incoming mail and Cabinet Conclusions are brought to the attention of the Permanent Secretary on a daily basis.
  • Assist the Permanent Secretary in the implementation of all Cabinet directives and policy decisions.
  • Ensure timely routing of all correspondence to addresses.
  • Collaborate with all other Departments and Ministries on administrative matters.
  • Provide Office Attendant/Chauffeur, photocopying and delivery service to all Divisions.
  • Hold management team meetings.
  • Ensure that the physical plant, equipment and sundry related items are in good condition (including vehicles)
  • Facilitate the timely sale of vehicles no longer required for use by Government Ministries.
  • Give support to departments and other Ministries in the procurement of computing services.

PERSONNEL

The main objective of this unit is to maximize benefits to the Ministry from Performance Management and Human Resource Development.  Key functions are to:

  • Ensure the personnel function is properly supervised.
  • Process appointments, promotions and applications for transfers, leaves and the like.
  • Match staff with budgeted post and salary scale.
  • Liaise with the Public Service Commission, the department of Human Resources and other Divisions on personnel matters.
  • Co-ordinate the Performance Appraisal process.
  • To coordinate training for employees in collaboration with the Department of Human Resources and advise heads of divisions on available training courses.

Records Management (Registry)

The main objective of this unit is to provide services for the receipt, record, distribution and storage of written communications coming and leaving the Ministry.   Key functions are to:

  • Open and accurately record all incoming correspondence as well as outgoing mail.
  • Pass incoming mail to the Permanent Secretary and other designated Officers.
  • Accurately classify and docket correspondence.
  • Ensure timely routing of all correspondences to respective officers daily.

Finance Management (Finance unit)

The main objective of this unit is to provide accounting services for expenditure allocated to the Ministry.  Key functions are to:

  • Control and monitor the administration of the Ministry’s budget to ensure compliance with the Finance and Audit Act, the Appropriation Act and the Financial and Stores Rules.
  • Ensure timely preparation and processing of invoices.
  • Maintain internal accounts both recurrent and capital.
  • Prepare imprest warrants, special warrants and transfers.
  • Procurement and distribution of stores and supplies to maintain adequate stock levels.

Internal audit unit

The main objective of this unit is to safeguard government assets, review the financial and operational controls and conduct board of survey activities.  Key functions are to:

  • Ensure policies and practices are followed.
  • Ensure data on purchasing Journals and Payables on SIGFIS is accurate.
  • Review the financial and operational controls existing within the Ministry.
  • Review the settlement of all claims within 45 days of approval.
  • Conduct Board of Survey activities on all Ministries/Departments.
  • Provide assistance to any department in carrying out their statutory duties as Accounting Officers.
  • Work along with the audit department and cohere activities.
  • Report to the Permanent Secretary on a monthly basis
  • Provide technical support to the Permanent Secretary when requested.
  • Establish proper Audit procedures and practices to ensure that Internal Audit provides a service which is adequate and effective and which is suitably quality assured.

Corporate Communications

The key functions of this unit are to:

  • Coordinate all public awareness and educational activities of the Ministry.
  • Prepare and circulate press releases and other information for the media.
  • Manage the Ministry’s television programme “Finance Matters”.
  • Manage the publication and distribution of the Ministry’s newsletter “Inside Finance”.
  • Distribute all relevant information for public knowledge.

Office of Private Sector Development

  • Coordinate key private sector reforms;
  • Facilitate a dynamic partnership between Government, the Private Sector and Civil Society;
  •  Improve the Business Climate (Investment Code, Small Business Policy); &
  • Give Policy Direction to Investment Initiatives, including new Areas of Investment
Accountant General Department

Accountant General Department

The main responsibilities of the department include:

  • To ensure that a proper system of accounts is established and maintained in every department of the Government of Grenada.
  • Exercising supervision over public revenue and expenditure.

Divided into four operational units, this department manages twelve specific work functions:

ACCOUNTS

  • Payroll
  • Pensions
  • Investment

TREASURY

  • Treasury
  • Banking
  • Financial Reporting

OTHER ACCOUNTS

  • District Revenue Offices
  • Capital Projects
  • Other Government Liaison

INFORMATION TECHNOLOGY

  • IT Management
  • Hardware Support
  • Software Support

Click here to view the Accountant General Department Organisation Chart

Inland Revenue Department

Inland Revenue Department

  • Administering Revenue Laws to wit:
    • Income Tax Act 36/1994
    • General Consumption Tax Act 7/1995
    • Annual Stamp Tax Act 36/1992
    • Ticket Tax Cap. 319
    • Property Transfer Tax Act 37/1998
    • Property Tax 2/1999
  • Collecting arrears of taxes under the Business Levy Debt service levy and VAT acts
  • Collecting and accounting for budgeted Tax Revenue and license fees in accordance with the above laws and financial rules
  • Discharging functions delegated by the Permanent Secretary Finance and other agencies relative to the collection of taxes, licenses and fees
  • Encouraging voluntary compliance through consultation, public awareness programmes, the dissemination of information and by rendering customer-friendly service.
  • Enforcement of the above legislation so as to bring delinquent taxpayers into compliance. (a) by issuance of warrants (b) best of judgment assessments (c) court action.
  • Management of the human and material resources provided in the annual budget efficiently and cost-effectively as possible so as to achieve revenue goals.

Read More 

Department of Customs and Excise

Department of Customs and Excise

  • Processing of documents for the importation and exportation of goods.
  • Collection of import and export duties (Customs Revenue)
  • Accounting for customs revenue.
  • Facilitation of tax refunds.
  • Enforcement of import and export prohibitions and restrictions in accordance with the laws.
  • Encourage compliance by facilitating the clearance of legitimate imports and exports at Ports, Airport, Warehouses, Parcel Post, Courier Services and Sufferance Wharves.
  • Facilitation of entry and departure of ships and Aircrafts to and from Ports, Airports and Marinas.
  • Facilitation of bonds and deposits relative to imports and exports, including private warehouses and in-bond facilities.
  • Facilitation of concessions.
  • Seizure of drugs and contraband items.
  • Processing of air and sea passengers and their baggage.
  • Facilitation of stakeholders outside of official working hours.
  • Complaints resolution/Customer Care 

Read More

Department of Economic Management & Planning

Department of Economic Management & Planning

The DEMP is the repository of economic management information and acts as advisor to the Minister of Finance and Cabinet on matters of fiscal policy, development strategy, investment programming and financing and debt management.

  • To prepare the annual estimates of revenue and expenditure according to the Government of Grenada macroeconomic and fiscal policy goals.
  • To monitor and facilitate the implementation of the annual budget.
  • Preparation of monthly, quarterly and annual reports on central government fiscal operations.
  • Preparation of monthly and quarterly Debt reports.
  • To record, update and manage public debt.
  • Analysis of developments in the economy and projections based on economic performance
  • Research and analysis of macroeconomic issues
  • Research and analysis of fiscal issues
  • Acts as a liaison with the Central Bank on research relating to the coordination of monetary and fiscal policy
  • Analysis of current international and regional development and their impact on the domestic economy.
  • Is the key player in advising and analyzing issues relating to debt and investment policy. 
Statistics Department

Statistics Department

  • To ensure proper utilization of resources to improve efficiency
  • To monitor the price, quality and availability of basic food items
  • To provide quarterly and annual economic and social indicators for use in economic and social analysis
  • To develop harmonized statistics to effectively monitor and evaluate the Caribbean Single Market and Economy
  • Granting of licenses for certain imported items

Read more

Economic and Technical Co-operation

Economic and Technical Co-operation

  • The ETC is the focal point of contact with international grant and lending agencies and so has technical leadership of the external resource mobilization effort and is also responsible for coordinating related policy dialogue.
  • To improve the information flow between Line Ministries and the Unit in preparation of Sector Plans and Project Identification activities.
  • Implementation of Poverty Reduction Strategy
  • Finalization of Country Assistance Strategies and Technical Cooperation Programmes with specific donors.
  • To facilitate the approval of Funding for Projects and Technical assistance outside the Country Assistance Programme of Cooperation Framework.
  • Increase the rate of implementation for the Capital Budget to a level of 70%.
  • To provide users of the PSIP with timely information.
  • To facilitate interface and cooperation between Government and NGO’s.
Department of Energy & Sustainable Development

Department of Energy & Sustainable Development

  • Ensure adequate, reliable and economical energy services to sustain economic development, while satisfying the current and projected demands.
  • Encourage and promote the use of renewable energy technologies and energy efficiency alternatives.
  • Promote energy efficiency and energy conservation at all levels of the economy, in order to achieve optimum economic use of renewable and non-renewable sources of energy.
  • Promote , encourage and facilitate petroleum exploration and development in environmentally friendly (sustainable) manner.
  • To enable Grenada to meet its objectives relating to phasing out the use of Annex a CFC's under the Montreal Protocol.
  • To ensure timely, sustainable and cost-effective CFC phase-out through the development and implementation of a combination of investment, training, technical and policy/management support components.
Department of Co-operatives

Department of Co-operatives

  • To inspect all producer and Service Co-operative Societies to effect legislative compliance and adherence to industry benchmarks.
  • To promote and effect sustainable socio-economic growth and development of the Productive Co-operatives Sector.
  • To develop and execute training programmes for the Productive Co-operatives.
Government Printery

Government Printery

  • Publishing the weekly official Gazette and accompanying legislation.
  • Publishing the Extraordinary Gazette as required.
  • Printing statutory and other forms, reports, financial estimates booklets, programs, invitations, etc.
  • Providing efficient and aesthetic binding and finishing services for printed products.
  • Distributing printed matter and stationery to Ministries and Departments as requisitioned and facilitate the sale of official documents to the public.

Read More 

Debt Management Unit

Debt Management Unit

The main objective of the Debt Management Unit is:  “Ensuring that the financing needs of the Government are met on a timely basis and that its debt service obligations are met at the lowest cost over the medium-to-long term, in a manner that is consistent with an acceptable and prudent degree of risk” (Public Debt Management Act 2015).

The DMU functions include:

  • Preparing the prospectus for government securities on the Regional Government Securities Market (RGSM) in compliance with PDMA 2015
  • Managing investor-creditor relations to maintain demand for government instruments
  • Developing a Medium-Term Debt Management Strategy (MTDS) and annual borrowing plan
  • Executing funding transactions in compliance with the MTDS
  • Preparing regular debt portfolio analysis and preparing and reporting debt statistics periodically
  • Providing  input for the preparation of the Debt Sustainability Analysis (DSA)
  • Recording all government borrowing and maintaining debt records accurately in the Commonwealth Secretariat Debt Recording & Management System (CS-DRMS) database
  • Comprehensive validation of the debt database
  • Monitoring disbursements and loan utilization and preparing forecasts of debt service payments as part of the annual budget preparation.

Debt Management Unit publications:

  1. Quarterly Debt bulletin
  2. Debt Portfolio Review
  3. Prospectus for Government Securities
  4. Medium-Term Debt Management Strategy 
Policy Unit

Policy Unit

The purpose of the research and policy unit is to ensure that fiscal and macro economic policy decisions are well informed and have the necessary leverage, which will ensure that good policies are made. In this regard, the unit serves to advise the Permanent Secretary on policy options relating to macro-economic and fiscal issues. The Unit undertakes the following:

  • Analysis of developments in the economy and projections based on economic performance
  • Research and analysis of macro-economic issues
  • Research and analysis of fiscal issues
  • Acts as a liaison with the Central Bank on research relating to the coordination of monetary and fiscal policy
  • Analysis of current international and regional development and their impact on the domestic economy.
  • Is the key player in advising and analyzing issues relating to debt and investment policy.  
Budget Unit

Budget Unit

The objective of the budget unit is to allocate resources based on the Government’s priorities and its macroeconomic and fiscal policy goals, and to promote greater economy and efficiency in the utilization of those resources. This unit prepares the annual budget in a timely and accurate manner, and to pursue and safeguard fiscal health. 

GENERAL FUNCTIONS

  • Preparation of the Annual Estimates of Revenue and Expenditure
  • Facilitate and control the implementation of the Budget
  • Monitor budget implementation
  • Preparation of reports in a timely manner
  • Participate in fiscal and economic review, conducted by the ECCB, CDB, World Bank, CARTAC and IMF
  • Co-ordinate Public Finance Management (PFM) Reform initiatives 

DEPARTMENT HEADS

Administration – Ms. Rhona Andrew., Senior Administrative Officer

Telephone: +1 (473) 440-2731– (4) Ext: 5103 | +1 (473) 440-5883
Fax: +1 (473) 440-4115

Accountant General’s Department  - Mrs. Isha McDonald-Abraham, Accountant General

Telephone: +1 (473) 440-2731 – (4) Ext: 4005
General Number: +1 (473) 440-2294
Public Accounts Unit: Ext 31181
Treasury: Ext 31093
Pension: Ext 31098
Payroll: Ext 31091
Fax: +1 (473) 435-1064
E- mail: ALouisObike@agd.gd /aobike@gov.gd

Inland Revenue Department – Mr. Michael Stephen, Comptroller of Inland Revenue (Actg)

Telephone: +1 (473) 440-2731 – (4) Ext. 4101 | +1 (473) 440-1905 | +1 (473) 435-3991
Fax: +1 (473) 440-6621

Department of Customs and Excise – Mr. Donnan Victor, Comptroller of Customs(Actg)

Telephone: +1 (473) 440-2239 | +1 (473) 440-2240 | +1 (473) 440-3588
Fax: +1 (473) 440-5038
E- mail: gdcustoms@spiceisle.com

Statistics Department – Director of Statistics Halim Brizan

Telephone: +1 (473) 440-1369
Fax: +1 (473) 440-4115
E- mail: gogstats@hotmail.com

Government Printery – Mr. Christopher Cornwall, Manager

Telephone: +1 (473) 440-2118 | +1 (473) 440-2098 | +1 (473) 440-0841
Fax: +1 (473) 440-6881
E- mail: govprintery@spiceisle.com

Debt Management Unit - Mr. Kerry Pierre

Policy Unit - Ms. Shari Joseph