Services

The Falkland Islands Government Treasury provides services that facilitate other Directorates in achieving their objectives whilst providing a central role to ensure corporate objectives are met. 

Financial Management

Provision of Financial Information and Support

• Provision of information for budgetary control & maintenance;
• Monitoring and reporting movement of the Stanley retail price index;
• Providing a full financial planning, accounting and reporting service for the Government of South Georgia and the South Sandwich Islands (GSGSSI)

Formulation of Fiscal Policy, Financial Strategies and Annual Budgets

• Co-ordination of the Medium Term Financial Plan (MTFP);
• Facilitating the preparation of the annual budget including capital programme.

Provision of Financial Strategy and Policy Advice and Research

• Management of the Standing Finance Committee;
• Participation in various committees, sub-committees, working parties and advisory boards.

Exchequer

Provision of Central Exchequer Services

• Investment management;
• Maintenance of financial records and production of Statutory Annual Accounts;
• Collection and recording of amounts due to the government;
• Administration of Rent, Service Charge and subvention services;
• Provision of central banking reserves for Falkland Islands currency and the minting of commemorative coins;
• Payment of all suppliers, contractors, employees and members of the public;
• Provision of rent/service charge rebates to FIG tenants;
• Administration of insurance contracts.