Public Financial Management Reform
Public financial management is at the heart of a strong and enabling public sector environment. It seeks to achieve:
- Fiscal discipline in ensuring that the Government is able to sustain its needs (expenditures) from its means (revenues) in the long run;
- Better allocation of resources towards priority needs;
- Proper utilisation of resources for its intended purposes in the right manner; and
- Stronger accountability and transparency from those dealing with public resources.
The PFM Reform agenda seeks to continuously improve Treasury strategy, policy, processes and procedures towards better international practice, focused on Treasury’s four core objectives: quality financial information and control, timely and effective budget preparation and execution, efficiency and effectiveness of expenditure, and capability building across Treasury and budget officers service-wide.
In 2016, Nauru completed a PEFA self-assessment, providing a blueprint for public finance management reform. That work continues today through the PFM Roadmap, regular PEFA reassessment, the Medium Term Debt Strategy, and IMF Article IV consultations.
Key documents
PEFA assessments, the PFM Roadmap, the Medium Term Debt Strategy, and IMF Article IV consultation reports.
- Nauru PEFA 2016 Self-Assessment Report
- Nauru PEFA 2022 Assessment Report
- PEFA Gender-Responsive Budget Assessment Report 2022
- Nauru PFM Roadmap 2023-27
- Medium Term Debt Strategy 2023-2025
- Republic of Nauru 2023 Article IV Consultation — Press Release
- Nauru PFTAC Report on Government Finance Statistics Mission (13-17 October 2025)
Contacts
Atunaisa Baleimatuku
Deputy Secretary Treasury
Department of Finance
Government Offices
Yaren District
Nauru