On the 4th of June, the Minister of Finance officially launched the Ministry of Finance Strategic Plan 2012 to 2030
The Plan identifies:
‘We aim to reach the highest standards for the management of public finances in the pursuit of transparent and accountable government;
“We will measure ourselves against international benchmarks and will have self-assessments independently verified against internationally accepted performance standards; and
“Our target is that by the end of the Strategic Plan we will:
i) Consistently demonstrate improvements in performance over time;
ii) Reach our primary target to be rated very highly according to a wide range of performance standards; and
iii) Be ranked within the top 20% of low and middle-income and developing countries, where country comparisons are possible.”
The Ministry of Finance is now moving into a development phase that will provide essential support to the ambitious plans outlined in the Government’s National Strategic Development Plan.
With our Strategic Plan, we are adopting an aid effectiveness paradigm which will involve increased use of country systems and direct budget support arrangements.
With an increased focus on results provided by our Strategic Plan we will be able to:
Copies of the Ministry Strategic Plan in Tetum, Portuguese and English are available on the MoF website, www.mof.gov.tl, for your easy access and reading.