The Permanent Secretary of the Ministry of Finance and Treasury, Permanent Secretary for Finance and Treasury Shadrack Fanega, has said that the reports by the Auditor General on our previous government accounts contained many qualifications and areas for improvement.Mr Fanega says he expects many similar findings for the 2007 accounts which were recently completed
He however says the government is taking action to address these issues.
Mr Fanega says that these initiatives include investing in new systems such as a new payroll application and hardware for the public service that is being undertaken with RAMSI Technical Assistance and funding.
He says the Ministry is also modernizing the financial management software which has not been updated since 1999.
Mr Fanega says the Ministry is also revising the Finance Instructions for implementation during 2009 and training its staff and future leaders through promotion of structured learning opportunities.
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