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GST captured on IFMS
GST captured on IFMS

GST captured on IFMS---The collection of Goods and Services Tax has been
configured into the Integrated Financial Management System (IFMS).

Read more

Dept to digitalise Non-tax revenue collection; A Memorandum of Understanding was
recently signed between the Department of Finance and BSP Financial Group Ltd at
the APEC haus Port Moresby (15th May, 2021) to initiate a digital payment
solution for all non-tax revenue collection....

Read more






GST captured on IFMS---The collection of Goods and Services Tax has been
configured into the Integrated Financial Management System (IFMS).




WELCOME TO DEPARTMENT OF FINANCE

The Department of Finance is a key central agency of the government of Papua New
Guinea mandated by the Constitution, the Organic Law on Provincial and
Local-level Governments and the Public Finance Management Act (PFMA). Our Vision
is to provide and deliver prudent Public Financial Management and policy advice
to the Government of Papua New Guinea that enhances service delivery for the
improvement of the well-being for our people. Read More


MESSAGE FROM THE SECRETARY

I am proud to lead the Department of Finance. There is scarcely an area anywhere
else in the public sector more central to ensuring the successful delivery of
some of the Government’s biggest and most far-reaching reform agendas.
Approximately 400 staff in Head Office and 900 staff in 22 Provinces and 89
Districts serve the people of Papua New Guinea with the mission ‘To promote the
efficient, effective and ethical use of public money in Papua New Guinea’ In the
past two years the Department has already achieved much. This includes legal
reforms and the increased use of technology to support effective financial
management. These milestones have been reached through the efforts of our staff
which I want to acknowledge. There remains much work to be done but we have a
strong foundation and a clear direction…Read More


NEWS & EVENTS

CORPORATION LAUNCHES AUDIT COMMITTEE

December 8, 2022
Department of Finance has congratulated Small...

FOUR GRADUATE WITH MASTERS

October 11, 2021
Senior staff of the Department of...

MOMASE REGIONAL WORKSHOP A SUCCESS

October 11, 2021
The Provincial, District Financial Management Division...

DOF 2020 RETIREES ALL SET

October 11, 2021
The 2020 retirees’ awareness session was...

DPM ESTIMATES K80MIL FOR 2020 & 2021 COMPULSORY RETIREMENT EXERCISE

October 11, 2021
Department of Personnel Management has hosted...

EAST SEPIK PROVINCIAL GOVERNMENT PRESENTS IMPLEMENTATION STRATEGIES

October 6, 2021
The East Sepik Governor Hon. Allan...

DEPT TO DIGITALISE NON-TAX REVENUE COLLECTION

June 28, 2021
A Memorandum of Understanding was recently...

DEPARTMENT FACILITATES NON-TAX REVENUE BILL MEET

June 28, 2021
As part of the process for...

GST CAPTURED ON IFMS

June 28, 2021
The collection of Goods and Services...


FEATURED NEWSLETTERS

Issue No# 3 Oct 2022
Issue No# 2 June 2022
 

… READ MORE

 


UPCOMING EVENTS

 * There are no upcoming events.




MESSAGE FROM THE MINISTER

The Marape-Davis Government is committed to the development of Papua New Guinea
and to the improvement of services for all its people. Information is a critical
resource for the 21st Century. It is important for the Government to spell out
its plans so that everyone can see what it is doing, and for the people to
engage with Government. The Department of Finance has an important role to play
in ensuring the Government’s goals are met, and I commend the Department for
developing this new website to communicate directly to the people of Papua New
Guinea….. Read More


MESSAGE FROM THE SECRETARY

I am proud to lead the Department of Finance. There is scarcely an area anywhere
else in the public sector more central to ensuring the successful delivery of
some of the Government’s biggest and most far-reaching reform agendas.

Approximately 400 staff in Head Office and 900 staff in 22 Provinces and 89
Districts serve the people of Papua New Guinea with the mission ‘To promote the
efficient, effective and ethical use of public money in Papua New Guinea’… Read
More

WHAT DEFINES US

Vision
Mission
Values
Vision

To provide and deliver prudent Public Financial Management and policy advice to
the Government of Papua New Guinea that enhances service delivery for the
improvement of the well-being for our people.

Mission

To maintain our role in good governance for promoting transparency and
accountability whilst providing effective advice on managing public sector
finances, and delivering the cost-effective services.

Values

Our Values reflect that we are focussed on the ever-changing needs of Papua New
Guineans and support the Government in helping economic growth and improve the
wellbeing of our people. The values provide the foundation of the integrity and
accountability framework for all Department of Finance employees.

ACT AGAINST CORRUPTION - (SEND SMS TO 16321)

FREQUENTLY ASKED

Which legislation guides the Department?
The Department of Finance is mandated by the Constitution, the Organic Law on
Provincial and Local-level Governments and the Public Finance Management Act
(PFMA)
What are the key responsibilities of the Department of Finance?

The Department is responsible for providing direction and support in financial
policy, systems, information processing, procedures, monitoring and reporting
requirements for the whole of Government. It also administers performance and
execution of government development plans and annual budgets.

I work as an accountant in another government department- does the department of
finance provide courses for professional development?
The Department is leading a new professional association for government officers
in the finance sector with the aim of networking and strengthening professional
development. The application form can be downloaded here. The Department has
also been instrumental in developing the Bachelor of Public Finance and
Accountancy.
What are the department’s top priorities?

The Department’s top priority is in supporting the Government to promote the
efficient, effective and ethical use of public money in Papua New Guinea. To
support this priority the Department is leading the implementation of financial
reforms which has included updated legislation and the use of technology to
strengthen financial reporting.

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PoundThai BahtTurkish LiraTaiwan DollarTanzanian ShillingTongan paʻangaTrinidad
Tobago DollarTunisian DinarUAE DirhamUgandan ShillingUkraine HryvniaUruguayan
New PesoVanuatu VatuVietnam DongYemen RiyalZambian KwachaZimbabwe
dollarVenezuelan BolivarUzbekistan SumKyrgyzstan SomGhanaian CediBelarusian
rubleAfghan afghaniAngolan kwanzaArmenian dramAzerbaijani manatConvertible
markCongolese francEritrean nakfaGeorgian lariMalagasy ariaryMozambican
meticalSerbian dinarSurinamese dollarTajikistani somoniTurkmenistan manatZambian
kwacha
⇅
United States DollarEuroBritish PoundJapanese YenSwiss FrancCanadian
DollarAustralian DollarChinese YuanHong Kong DollarRussian RoubleMexican
PesoSouth African Rand-----------------------------Albanian LekAlgerian
DinarArgentine PesoAruba FlorinBahamian DollarBahraini DinarBangladesh
TakaBarbados DollarBelarus RubleBelize DollarBermuda DollarBhutan
NgultrumBolivian BolivianoBotswana PulaBrazilian RealBrunei DollarBulgarian
LevBurundi FrancCambodia RielCape Verde EscudoCayman Islands DollarCFA Franc
(BCEAO)CFA Franc (BEAC)Chilean PesoColombian PesoComoros FrancCosta Rica
ColonCroatian KunaCuban PesoCzech KorunaDanish KroneDjibouti FrancDominican
PesoEast Caribbean DollarEgyptian PoundEl Salvador ColonEstonian KroonEthiopian
BirrFalkland Islands PoundFiji DollarIndonesian RupiahIndian RupeeGambian
DalasiGuatemala QuetzalGuinea FrancGuyana DollarHaiti GourdeHonduras
LempiraHungarian ForintIceland KronaIran RialIraqi DinarIsraeli ShekelJamaican
DollarJordanian DinarKazakhstan TengeKenyan ShillingKorean WonKuwaiti DinarLao
KipLatvian LatLebanese PoundLesotho LotiLiberian DollarLibyan DinarLithuanian
LitaMacau PatacaMacedonian DenarMalawi KwachaMalaysian RinggitMaldives
RufiyaaMauritania OugulyaMauritius RupeeMoldovan LeuMongolian TugrikMoroccan
DirhamMyanmar KyatNamibian DollarNepalese RupeeNeth Antilles GuilderNew Zealand
DollarNicaragua CordobaNigerian NairaNorth Korean WonNorwegian KroneOmani
RialPacific FrancPakistani RupeePanama BalboaPapua New Guinea KinaParaguayan
GuaraniPeruvian Nuevo SolPhilippine PesoPolish ZlotyQatar RialRomanian New
LeuRwanda FrancSamoa TalaSao Tome DobraSaudi Arabian RiyalSeychelles RupeeSierra
Leone LeoneSingapore DollarSlovak KorunaSolomon Islands DollarSomali ShillingSri
Lanka RupeeSt Helena PoundSudanese PoundSwaziland LilageniSwedish KronaSyrian
PoundThai BahtTurkish LiraTaiwan DollarTanzanian ShillingTongan paʻangaTrinidad
Tobago DollarTunisian DinarUAE DirhamUgandan ShillingUkraine HryvniaUruguayan
New PesoVanuatu VatuVietnam DongYemen RiyalZambian KwachaZimbabwe
dollarVenezuelan BolivarUzbekistan SumKyrgyzstan SomGhanaian CediBelarusian
rubleAfghan afghaniAngolan kwanzaArmenian dramAzerbaijani manatConvertible
markCongolese francEritrean nakfaGeorgian lariMalagasy ariaryMozambican
meticalSerbian dinarSurinamese dollarTajikistani somoniTurkmenistan manatZambian
kwacha
0.93161
Rates 7 Feb
Papua New Guinea Kina

1 PGK = United States Dollar0.284 Euro0.265 British Pound0.236 Australian
Dollar0.412 Japanese Yen37.624 Chinese Yuan1.926 New Zealand
Dollar0.45 Philippine Peso15.566 Hong Kong Dollar2.23Rates 7 Feb


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OTHER USEFUL LINKS

Bank of Papua New Guinea
Papua New Guinea Association of Government Accountants and Public Finance
Managers
Department of Personnel Management
Department of National Planning & Monitoring
Department of Treasury
Prime Minister’s Office
Internal Revenue Commission
Auditor-General's Office


CONTACT US

Vulupindi Haus, Waigai Drive
P.O Box 710, Waigani, NCD
info@finance.gov.pg

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www.finance.gov.pg Open in urlscan Pro 202.95.202.24 Public Scan

Form analysis 1 forms found in the DOM

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Text Content

www.finance.gov.pg Open in urlscan Pro
202.95.202.24 Public Scan

Form analysis
1 forms found in the DOM