Ministry of Finance

This Division have three (3) Sections as follows:­
(i) Debt Resource Mobilization Section;
(ii) Debt Risk Management Section; and
(iii) Debt Database Management Section.

Objective
To ensure the financing needs of the Government are met at minimum borrowing costs consistent with a prudent degree of risks.

Functions
This Division will perform the following functions:-
(i) To formulate and implement Government medium term Debt Management Strategies and policies;
(ii) To mobilize resources to meet Government financing needs from commercial sources;
(iii) To conduct Debt Sustainability Analysis;
(iv) To explore fundraising options to facilitate analysis and design of appropriate Debt Management policies and strategies;
(v) To support development of domestic debt market;
(vi) To maintain public debt and guarantees data base; and
(vii) To ensure timely and accurate debt services for external and domestic debt.

This Division have two (2) Sections as follows:­
(i) Financial Policies Section; and
(ii) Microfinance Section.

Objective
To provide policy-based    analysis    in the financial sector development    and oversee implementation of strategies to strengthen financial intermediation in the economy.

Functions
This Division will perform the following functions:-
(i) To develop and implement national policies and strategies    for facilitation of development of the financial sector in the Country; and
(ii) To enhance diversification of financial services and products on a long term and
sustainable basis for the whole population especially the low income group.

This Division have five (5) Sections as follows:-
(i) Ministries, Independent Departments and Agencies (MDAs) Section;
(ii) Regions and Local Government Authorities (RSs & LGAs) Section;
(iii) Budget Analysis and Techniques Section;
(iv) Wage Bill Management and Control Section; and
(v) Expenditure Tracking and Performance Monitoring Section.

Objective
To formulate, execute, monitor, control and report on the Government budget.

Functions
This Division will perform the following functions:-
(i) To develop and review the medium term budget policies and guidelines;
(ii) To develop the Government    Budget Guideline in line with the medium-term expenditure framework;
(iii) To analyse and monitor implementation of budgets for Ministries, Independent Departments and Agencies (MDAs), Regional Secretariats (RSs) and Local Government Authorities (LGAs);
(iv) To monitor and control the Wage bill component of the Government Budget;
(v) To undertake public expenditure tracking and performance monitoring; and
(vi) To advise and provide clarification to Parliamentary Budget Committee on matters related to Government budget.

This Division have four (4) Sections as follows: -
(i) Bilateral Coordination Section;
(ii) Multilateral Coordination Section;
(iii) Regional Economic Cooperation Section; and
(iv) Aid Programming, Co-ordination and Monitoring Section.

Objective
To mobilize and manage external financial aid.

Functions
This Division will perform the following functions:-
(i) To mobilise external resources in the form of grants, concessional loans and other financing instruments to complement shortfalls in domestic resources;
(ii) To formulate development cooperation policies, strategies    and agreements aligned with external assistance to national priorities;
(iii) To develop financing policy papers to guide future development cooperation;
(iv) To oversee the effective utilization of funds, project implementation and monitoring to achieve development outcomes;
(v) To coordinate external economic relations with other MDAs in the areas of trade and investment;
(vi) To monitor compliance with International and Bilateral obligations and standards; and
(vii) To record and report on all official development assistance.

The Division have two (2) Sections as follows: -
(i) Policy Development and Monitoring Section; and
(ii) Procurement Management Section.

Objective
To oversee development, review and implementation of public procurement policies, regulations and guidelines.

Functions
This Division will perform the following functions:-
(i) To develop, review and evaluate on the public procurement policies;
(ii) To monitor and advise on implementation of public procurement policies;
(iii) To develop and manage procurement and supplies cadre in the public sector; and
(iv) To review and evaluate public sector procurement systems.

This Division have five (5) Section and Sub Treasury offices as follows:-
(i) Financial Management Section;
(ii) Consolidated Fund Services Section;
(iii) Financial Operations and Standards Section;
(iv) Local Government Finances Section; and
(v) Expenditure Management Section.

Objective
To oversee implementation of financial management, financial expenditure operations, financial systems and other statutory payments in the public sector.

Functions
This Division will perform the following functions:-
(i) To develop and manage the Government Accounting and Financial Systems;
(ii) To develop and manage the Central Payment System and monitor and control decentralized Sub-Treasury systems;
(iii) To develop, monitor, evaluate and review Government Accounting legislations, regulations, circulars, guidelines, standards and instructions;
(iv) To manage the Government Consolidated Fund;
(v) To monitor special funds, miscellaneous deposits accounts and other types of non- vote expenditure/revenue accounts;
(vi) To facilitate payments of domestic and external debts;
(vii) To manage and monitor statutory contributions to social security funds;
(viii) To facilitate, coordinate and monitor pension services;
(ix) To develop and oversee the accounting cadre in the public sector; and
(x) To advise and provide clarification to Public Accounts Committee (PAC) and Local Authorities Accounts Committee (LAAC) on matters related to public financial management.

This Division have five (5) Sections as follows: -
(i) Quality Assurance Section;
(ii) Technical Audit Section;
(iii) Local Government Authorities (LGAs) Audit Section;
(iv) Ministries, Independent Departments and Agencies (MDAs) Audit Section: and
(v) Risk Management Systems and Controls Section.

Objective
To add value to the operations of the public sector by providing independent, objective assurance and risk based advisory services.

Functions
This Division will perform the following functions:-

(i) To develop and review Internal Audit policies, Guidelines, Regulations, Standards, Manuals and Circulars;
(ii) To monitor and evaluate implementation of Internal Audit policies, Guidelines, Regulations, Standards, Manuals and Circulars;
(iii) To build capacity of the Internal Audit professionals and Audit Committees and evaluate their effectiveness; and
(iv) To advise and provide clarification to Public Accounts Committee (PAC) and Local Authorities Accounts Committee (LAAC) on matters related to audit and accountability.

This Division have four (4) Sections as follows:-
(i) Systems Development and Administration Section;
(ii) Infrastructure Development and Administration Section;
(iii) Systems Operations and Support Section; and
(iv) Internal ICT Support Section.

Objective
To provide expertise and services in financial systems development and management.

Functions
This Division will perform the following functions:-
(i) To develop and implement ICT Security Policy, ICT Guidelines, ICT Disaster Recovery Plan, ICT Risk Management for the Government financial management systems in collaboration with e-GA;
(ii) To develop, implement and maintain financial management systems;
(iii) To provide technical support services to MDAs and LGAs on financial management systems; and
(iv) To implement and maintain ICT systems in the Ministry.

The Division have two (2) Sections and Regional Government Assets Management Offices:-
(i) Accidents and Compensation Section; and
(ii) Assets Management Systems Section.

Objective
To enhance transparency and accountability in management of Public Assets.

Functions
This Division will perform the following functions:-
(i) To develop and review policy, regulations, guidelines and standards on acquisition, control, maintenance, utilization and disposal of public assets;
(ii) To monitor and control the implementation of policy, regulations, guidelines and standards on the management of public assets;
(iii) To process and control accidents, losses and compensations claims;
(iv) To manage auctions and agency; and
(v) To manage the centralized public asset register.

This Division have comprise two (2) Sections as follows: -
(i) Human Resource Management Section; and
(ii) Administration Section

Objective
To provide expertise and services on human resource management and administrative matters to the Ministry.

Functions
The Division will perform the following functions: -
(i) To interpret Public Service Regulations; Standing Orders and other Labour laws;
(ii) To oversee the implementation of ethics and value promotion activities including corruption prevention education;
(iii) To administer and oversee implementation of activities such as recruitment, selection, orientation, training and employee development, promotion, discipline, retention, motivation, performance management and general staff welfare;
(iv) To ensure optimal, efficient and effective management and utilization of human resource;
(v) To coordinate Workers Council and Trade Union affairs;
(vi) To oversee the development and implementation of effective policies, procedures and guidelines for recruitment, training and development, deployment, retention of staff, promotions, performance management;
(vii) To conduct human resource audit and inventory of current and needed skills;
(viii) To provide registry, messengerial and courier services; and manage Office records;
(ix) To handle protocol matters;
(x) To facilitate provision of security services, transport and general utilities;
(xi) To facilitate maintenance of Office equipment, buildings and grounds;
(xii) To coordinate implementation of ethics and value promotion activities;
(xiii) To coordinate implementation of diversity issues; and
(xiv) To coordinate implementation of Private Sector Participation, Business Process Improvement and Client Service Charter.

This Division have three (3) Sections as follows:­
(i) Planning Section;
(ii) Monitoring and Evaluation Section; and
(iii) Risk Management Section.

Objective
To provide expertise and quality services in planning, budgeting, monitoring and evaluation and performance reporting.

Functions
This Division will perform the following functions:-
(i) To develop and review medium term strategic plan, budgets, action plans and development projects;
(ii) To monitor and evaluate implementation of medium term strategic plans, budgets, action plans and development projects;
(iii) To coordinate career management of planning professionals;
(iv) To conduct periodic performance reviews and prepare reports;
(v) To prepare Ministerial Budget Speech;
(vi) To be custodian of Ministerial statistics; and
(vii) To conduct Risk Management for the Ministry.

The Division  have two (2) Sections as follows:
(i) Contract Section; and
(ii) Legal Analysis Section

Objective
To provide legal expertise and services to the Ministry.
Functions
This Division will perform the following functions:-
(i) To provide legal advice and assistance to the Ministry's Divisions, Units and entities;
(ii) To coordinate and supervise provision of legal services in preparation and review of legislations;
(iii) To prepare and review legal instruments in collaboration with the Office of the Attorney General;
(iv) To provide awareness on legislations; and
(v) To custodian of all legal documents in the Ministry.