The Department of Finance (DOF) is the government’s steward of sound fiscal policy. We formulate revenue policies that will ensure funding of critical government programs that promote welfare among our people and accelerate economic growth and stability.
VISION
• A strong economy with stable prices and strong growth;
• A stable fiscal situation with adequate resources for government projects and budgetary which could be adequately financed;
• A borrowing program that is able to avoid the crowding-out effect on the private sector, and minimizes costs;
• A public sector debt profile with long maturities and an optimum mix of currencies that minimizes the impact of currency movements;
• A strong economic growth with equity and productivity
MISSION
Our economy must be one of the most dynamic and active in the world, globally competitive and onward looking. The DOF shall take the lead in providing a solid foundation for the achievement of this objective, by building a strong fiscal position, through the following:
• Formulation, institutionalization and administration of sound fiscal policies;
• Improvement of tax collection efficiency;
• Mobilization of adequate resources on most advantageous terms to meet budgetary requirements;
• Sound management of public sector debt; and
• Initiation and implementation of structural and policy reforms