Divisions ▼

DIVISIONS

The Minister of Finance, Planning, Economy, Energy, & Co-operatives exercises general control and direction. The administrative head of the Ministry is the Permanent Secretary. There is also two deputy Permanent Secretary.

The Ministry is divided into the following departments:

ADMINISTRATION DIVISION

VISION: An efficient Administrative Department providing sound personnel services to the various programmes and to ensure the effective management and control of the Ministry’s financial, human and material resources.

ACCOUNTANT GENERAL'S DIVISION

OPERATIONAL GOALS : To facilitate payments of Government of Grenada accounts with due regard to convenience the public at all times and in accordance with the acts and regulations of the Government of Grenada.

BUDGET UNIT

MISSION: To allocate resources based on the
Government’s priorities and its macroeconomic and fiscal policy goals; and to promote greater economy and efficiency in the utilization of those resources

CENTRAL STATISTICAL OFFICE (CSO)

VISION: To create a highly efficient and professional department that will satisfy the data demand needs of all its clients (promoting a culture for setting and monitoring policy based on evidence and fostering well-managed national statistical systems that uses resources effectively).

CUSTOMS AND EXCISE DIVISION

MISSION : To assist in (i) securing the social, economic and ecological environment of our country, (ii) the collection of revenue due to government and (iii) the facilitation of the movement of cargo and travelers by administering all laws and regulations relating to Customs with prudence, equity, integrity and impartiality.

DEBT MANAGEMENT UNIT

The main objective of the Debt Management Unit is: “Ensuring that the financing needs of the Government are met on a timely basis and that its debt service obligations are met at the lowest cost over the medium-to-long term, in a manner that is consistent with an acceptable and prudent degree of risk” (Public Debt Management Act 2015).

INLAND REVENUE DIVISION (IRD)

The Inland Revenue Division (IRD) is a division within the Ministry of Finance (MoF). It is responsible for the administration of Inland Revenue laws and the collection of a wide range of taxes and licenses.

FISCAL RESPONSIBILITY OVERSIGHT COMMITTEE

The Fiscal Resilience Act (2023) became effective from 1st January 2024, with one of the main objectives of providing greater flexibility for the Government to manage the economy.

POLICY UNIT

The purpose of the research and policy unit is to ensure that fiscal and macro economic policy decisions are well informed and have the necessary leverage, which will ensure that good policies are made. In this regard the unit serves to advise the permanent Secretary on policy options relating to macro-economic and fiscal issues.

CENTRAL PROCUREMENT UNIT

The Government of Grenada has introduced a system of procuring its goods, works and services, and disposing of its assets, with the passing of the Public Procurement and Disposal of Public Property Act in 2014, and Regulations in 2015.

GOVERNMENT PRINTERY

VISION: To continuously diversify the range and nature of operations to keep abreast with appropriate cutting-edge technologies so as to adequately meet public sector printing demands.

BASIC NEEDS TRUST FUND

In 1979, the Caribbean Development Bank (CDB), in collaboration with the United States Agency for International Development (USAID) launched the Caribbean Education Development and Basic Human Needs/Employment Sector Programme to reduce poverty in select CDB Borrowing Member Countries (BMCs).

Ministry of Finance

Grenada