To ensure the creation of a conducive environment for the private sector and the public at large to operate, through the provision of the effective financial sector policy advice, proper management of public assets and liabilities, and best practices in procurement processes.

Functions

The department links the Ministry with the Private sector and coordinates government’s financial sector policies together with other key stakeholders. Its functions include private sector development functions; coordinating financial sector schemes such as pensions, insurance and assurance, vehicle, medical aid schemes, property management, government employee benefit schemes, national housing finance, and capital markets; performance monitoring of special funds, parastatals and privatised companies; promotion of public private partnerships in government procurement; and money laundering. The department also manages government assets and liabilities including asset control and disposal, loss recovery, GOL Purchasing and Supplies, GOL transport management, Procurement/Secretariat to CTB, procurement cadre management, and facilities management as well as management of public debt.