To maintain an effective accounting methodology and relevant accounting systems across Government, effect disbursements, monitor Government's cash flow position and manage the Government's debt portfolio.
The Treasury Department of the Government of Malta has the responsibility to maintain an effective accounting methodology and relevant accounting systems across Government; monitor Government's cash flow position; determine the size and composition of the Government's capital structure. The Department endeavours to be aggressive in attaining its goals, highly resourceful and respected, professional and proactive in its approach, cost effective, and an excellent employer. These work practices and objectives are infused in the department's organisation structure. The Treasury is fully committed to the implementation of professional management techniques and strongly believes in the utilisation of information technology. The restructuring exercise carried out over the past few years, supported the administrative capacity of the Treasury into fulfilling its legal obligations, and took into account the new functions that the Treasury had to undertake in line with modern practices and policies. These included the Treasury's role in the implementation of Accrual Accounting across Government as well as the establishment of a Debt Management Office.The Treasury has two important functions namely:
Government Accounting: the gathering, collating and processing of all Governmental accounting transactions, and the compilation of appropriate financial statements within an agreed time schedule. This function also includes the implementation and enforcement of accounting regulations and procedures, co-ordination of accounting training, and the liaison with the appropriate and relevant organisations.
Debt Management: the determination of the size and composition of the Government's optimal capital structure in terms of sources of funds related to debt, with emphasis on cash flow management, in particular the Government's cash-flow ability to service the fixed charges.
The Director General - Treasury
for Director General's Profile.
The Director - Debt Management Directorate
for Director - Debt Management Profile.
The Director - Government Accounts Directorate
for Director - Government Accounts Profile.
for a detailed Organisational Chart of Treasury.
for Treasury Contact Details.
for Treasury Opening Hours.