Home FAQs Contact Us Help About Us Legislation Our Services Department's Details Links to Other Sites News & Press Releases Download Forms Publications About Us 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 and issue compensatory payments to Government employees and Treasury Pensioners. 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 department is fully committed to the implementation of a professional accounting methodology and exceptional management techniques. It also strongly believes in the utilisation of state of the art information technology. A restructuring exercise has been recently carried out which, while supporting the administrative capacity of the Treasury to fulfil its legal obligations, takes into account the new functions that the Treasury will have to undertake in line with current policies. These include the Treasury's role in the implementation of Accrual Accounting across Government, the establishment of a Debt Management Office and the establishment of a corporate Human Resource and Payroll system. The Treasury Department has three equally important functions not all of which are related. These include: Accounting Operations: 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. Financing: 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. Compensation: the issuance of salaries and pensions payable for Government employees and those entitled to a Treasury pension.   Copyright | Privacy policy | Disclaimer Sitemap | MFIN | GOV.MT   Developed by MITTS Ltd.