Page 16 - DOF Annual Report 2018
P. 16
16 Annual Report 2018 - Department of Finance
2-3 STRATEGIC OBJECTIVES
The strategic objectives of the Department are focused on the following areas:
Based on the Department's new mandate as driv- en by Law No. 1
of 2017, key focus areas include
Apply financial solutions
Diagnose and identify financial risks and challenges
Develop effective financial solutions
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Raising the efficiency of Government spending
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Growing Governement revenues
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Maintaining reasonable amounts of public debt
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Increasing returns on public investment and reducing related financial risks
Enhancing liquidity and increasing Government financial reserves
Clear strategic priorities and an operational annual output plan that are aligned to the Department's strategic objectives are needed for the effective development and execution of the Department's strategy.
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