Ministry of Finance, Economic Development, Climate Resilience and Social Security

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The Ministry of Finance, Economic Development, Climate Resilience and Social Security serves as a cornerstone of Dominica's government, responsible for crafting and executing policies that promote fiscal responsibility, economic growth, and social welfare. Additionally, the Ministry leads initiatives aimed at strengthening Dominica's resilience to climate change and natural disasters.

Units, Divisions, and Departments Under the Ministry

The Ministry encompasses a wide array of specialized units and divisions, ensuring effective management of the nation's economic and fiscal affairs:

• Climate Resilience Execution Unit
  Responsible for implementing policies and managing projects aimed at increasing Dominica’s ability to withstand climate-related challenges, ensuring sustainability, and fostering adaptability through global partnerships and local initiatives.
• Planning Unit
  1. Public Sector Investment Programme (PSIP) Unit: Oversees the planning and execution of development projects funded by both domestic and international sources, driving infrastructure growth and national development.
  2. Economic and Social Planning Unit: Focuses on integrating economic and social strategies into national policies, fostering sustainable growth and improving the quality of life for citizens.
• Policy Formulation and Administration
  Ensures that government policies align with national priorities, emphasizing efficiency, fiscal accountability, and adherence to development strategies across all sectors.
• Office of the National Authorising Officer (NAO)
  Manages EU-funded programs and oversees compliance with European Union regulations, ensuring efficient use of international funds for national projects.
• Macroeconomic and Policy Planning Unit
  Conducts in-depth analysis of economic trends and formulates policies that support sustainable fiscal management and economic growth across various sectors.
• Inland Revenue Division
  Administers and collects taxes, ensuring compliance and contributing significantly to Dominica's national revenue, while providing guidance to taxpayers.
• Financial Services Unit
  Regulates and supervises non-bank financial institutions, including credit unions and insurance companies, ensuring financial stability and adherence to regulations.
• Customs and Excise Division
  Facilitates trade by enforcing customs laws and regulations while ensuring the efficient collection of duties and other government revenues.
• Citizenship by Investment Unit
  Manages Dominica’s Citizenship by Investment Program, attracting foreign investment to support national development projects and boost the economy.
• Central Statistics Office (CSO)
  Provides accurate statistical data and analysis to support evidence-based policymaking, enabling the government to track progress and plan effectively.
• Central Procurement Unit
  Standardizes and manages government procurement processes, ensuring transparency, efficiency, and cost-effectiveness across all public sector purchases.
• Building Maintenance Unit
  Oversees the maintenance and repair of government-owned buildings, ensuring infrastructure longevity and functionality for public sector operations.
• Budget, Debt, and Fiscal Management Unit
  Monitors the national budget, manages public debt, and ensures fiscal discipline through sound financial strategies and forecasting.
• Accountant General’s Office
  Manages the government's accounting operations, ensuring transparency, compliance, and accuracy in all financial reporting processes.

Mission and Goals of the Ministry

The mission is to drive transformative changes for a sustainable and resilient Dominica. This involves leveraging technology, policy formulation, and strategic planning. The goal is a dynamic, sustainable, and resilient institution by 2025.

The Ministry's Core Values

At its core, the Ministry values effective administration, fiscal responsibility, and sustainable development. It promotes resilience, transparency, and inclusivity in its operations, striving to meet the diverse needs of the Dominican populace.

Location-Specific Services

The Ministry's services are tailored to the unique needs of Dominica, with a focus on building resilience against natural disasters and fostering a climate-resilient economy.

The Ministry's communication and services reflect a progressive and transformative approach, emphasizing resilience, sustainability, and inclusive growth. This tone sets it apart, ensuring its profile is distinct yet harmonious with other governmental entities.