Ministry of Finance, Democratic Republic of Timor Leste

Ministry of Finance, Democratic Republic of Timor Leste

General
Contacts 2
Tenders 35
Grants 3
Jobs 0
CSP 0
Contractors 0
Awards 0
Last update: Aug 16, 2019 Last update: 16 Aug, 2019
General
Contacts2
Tenders35
Grants 3
Jobs 0
Country strategy papers 0
Top Contractors 0
Awards 0

Details

Office: Timor-Leste
Address: Dili, Timor-Leste
E-mail(s): ldsantos@mof.gov.tl, info@mof.gov.tl
Contact person: Lucio M Celestino de Jesus dos Santos
Phone: +670-78028758,+670-3339646
Sectors: Finance & Accounting, Macro-Econ. & Publ ... See more Finance & Accounting, Macro-Econ. & Public Finance
Nr. of employees: 501-1000
Types: Government Body Government Body
Status: Active

Attachments

No documents to display

Description

Ministry of Finance is the central body of the Government responsible for drafting, executing, coordinating and assessing the policies approved by the Council of Ministers, in the areas of

  • annual planning and monitoring, and
  • budget and finance.

Structure
Ministry of Finance has 4 General Directorates, 1 National Directorate and its Executive Office which includes the Office of the Minister and Office of the Vice-Minister.

Ministry of Finance role and responsibilities: 

  • Propose macroeconomic, monetary and exchange-rate policies, together with the central bank
  • Put forward policies and draft laws and regulations on revenues, budgetary framework, procurement, public accounting, public finance, auditing and control of the State treasury, issuing and management of the public debt
  • Administer the petroleum fund of Timor-Leste
  • Work, in cooperation with the Ministry of Foreign Affairs, to coordinate the relationship of Timor-Leste with the donors
  • Manage the external public debt, the State’s stakes in companies, and external assistance – coordinating and defining its financial and tax aspects
  • Manage the State’s assets
  • Compiles and publishes official statistics
  • Oversee implementation of the budget allocated from the State General Budget, and
  • Look after the good management of the funds transferred from the State Budget to bodies that are indirectly administered by the State and by the local government bodies, through audits and monitoring.

Country eligibility

No information available

Circumstantial eligible countries

No information available

Tender Management Modes

Financing agencies
ADBEC11.1%88.9%
RegionsTotal
ADB16
EC2

Grant Management Modes

Financing agencies
EC100%
RegionsTotal
EC1
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