Services
Financial Oversight and Regulation
The Ministry ensures the stability of the state’s financial ecosystem by supervising financial institutions such as banks and regulating financial markets, including insurance and investment sectors. This service is key to maintaining investor confidence and fostering economic growth.
Public Debt Management
Efficient management of the state’s debt portfolio is critical to sustaining fiscal health. The Ministry oversees loans, bonds, and other financial obligations, ensuring timely debt servicing and repayment to maintain financial stability.
Revenue Management and Collection
Through the administration of taxes such as PAYE, VAT, and Withholding Tax (WHT), the Ministry generates revenue to fund state initiatives. It also enforces revenue collection and manages cash flow to optimize treasury operations.
Financial Advisory Services
The Ministry provides strategic guidance on economic policies, investment promotion, and public-private partnership (PPP) facilitation. These efforts aim to attract investment and foster sustainable development.
Budget Planning and Implementation
By preparing annual budget estimates, setting fiscal priorities, and allocating resources, the Ministry drives financial planning that aligns with the state’s development goals.