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Introduction Nauru has Public Enterprises (PEs) that are governed by the Public Enterprises Act 2019 (PEA), though most also have their own Act. The PEA sets out a framework for governance and reporting. This includes the following: Obligations for Directors…

Overview The Financial Instructions are a tool to manage risk in public financial management, and form part of the reform agenda contained in the Public Financial Management Reform Roadmap and Plan. They are issued pursuant to the Public Finance (Control…

Overview The Republic of Nauru is implementing a Debt Action Plan to resolve legacy debt liabilities and meet repayment obligations in a timely way. In 2020-21, legacy external debt obligations related to the issue of Yen Bearer Bonds in the…

Overview Part 3A of the Public Finance (Control and Management) Act 1997 provides the framework for the Government’s procurement arrangements. Procurement must be done in such a way as to: obtain value in the expenditure of public money (value for…

Overview Treasury is established to manage the whole of government Treasury functions for the Government of Nauru. This includes fiscal strategy, budget development and execution, and financial control and payment functions. Treasury aligns to the NSDS priority for a stable,…