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, trustworthy, fiscally responsible government, and two NSDS goals:
- Econ Goal 1: A stable macroeconomic environment conducive to private investment established
- Cross-Goal 1: Strengthen and develop the institutional capacity of the Nauru public service.
Our services
Treasury delivers six core services for the Government of Nauru:
PFM Reform
Continuous improvement of Treasury strategy, policy and process towards better international practice.
Economics & Budget
Timely and effective budget preparation and execution, from fiscal strategy through to the annual appropriation.
Procurement
The Government’s procurement framework under Part 3A of the Public Finance (Control and Management) Act 1997.
Financial Instructions
Financial instructions and payment processing — expenditure approval and revenue recognition through the central FMIS workflow.
FMIS
Sign in to the Financial Management Information System, request access, or get help from Treasury support.
PEMU
Public Enterprise Monitoring Unit — governance and reporting oversight for Nauru’s public enterprises.
Vision, Mission and Values
Treasury’s vision: To ensure the GON’s public funds are managed in accordance with the law, in a transparent way that supports accountability, equal treatment, risk mitigation and risk management for the benefit of all Nauruans.
Treasury’s mission: To safeguard GON financial assets, support the achievement of value for money outcomes and improve Treasury systems and processes towards international standards and better practice.
Treasury’s values: Respect, Communication, Honesty and integrity, Customer service, Professionalism and timeliness.
Treasury outcomes and objectives
Treasury seeks to achieve two outcomes as follows:
- BAU: Effective and efficient management of public funds, consistent with GON law
- Transformation: Implementation of public financial management reform towards better international practice.
These translate into four objectives:
- Quality financial information and control environment
- Timely and effective budget preparation and execution
- Efficiency and effectiveness of expenditure (value for money)
- Capability building, training and professionalisation of Treasury Division and budget officers service-wide.
Public Financial Management Reform
The PFM Reform agenda seeks to continuously improve Treasury strategy, policy, processes and procedures towards better international practice. In 2016, Nauru completed a PEFA self-assessment, providing a blueprint for public finance management reform — work that continues today through the PFM Roadmap, regular PEFA reassessment, the Medium Term Debt Strategy, and IMF Article IV consultations.
Budget templates
Blank editable templates for departments to submit budget transfer and supplementary requests to Treasury.
For all Treasury publications, including PFM reform documents: view all Treasury publications →
Other information related to Treasury
Financial Management Information System
Treasury manages whole of government financial transactions through the central Financial Management Information System. This is supplied by TechnologyOne Enterprise Suite.
Treasury provides access to this system for whole of government, and it is through FMIS work flow that Treasury approves expenditure and recognises revenue for GON. See Financial Instructions for more detail.
If you work for the Government of Nauru and need access to the FMIS please contact Treasury.
Contacts
Atunaisa Baleimatuku
Deputy Secretary Treasury
Department of Finance
Government Offices
Yaren District
Nauru