29 Mar 2007

Solomon Islands minister of finance and treasury issues directive

10:35 am on 29 March 2007

Solomon Islands Minister of Finance and Treasury Gordon Darcy Lilo, has issued a directive for tighter control over government finances.

He says the government had taken the initiative to ensure public funds are spent properly.

The finance minister says under the new directives, all accounting officers must comply with financial regulations.

He says this means all financial requests must go through respective accounting officers 14 days before the Treasury Department can issue a payment.

Mr Darcy told the SIBC that the requirement not only controls government finances but also reduces the time taken by the Treasury department to screen payments.