The Finance Department is responsible for supervision and control of provincial finances, preparation of provincial budget, formulation of Financial Rules and Civil Services Rules relating to pay, perquisite and pension of civil servants, management of public debt and administration of Local Fund Audit Department and the Treasuries.
Administrative Departments are required to consult the Finance Department in all matters which directly or indirectly affect the finances of the province. All important functions of the Finance Department, including budgeting are performed at the Secretariat.
The major functions of Finance Department are:
- Management of public funds
- Framing of financial rules for guidance of departments
- Supervision of accounts of provincial departments.
About Finance Department Contd..
Other functions of Finance Department are:
Management of public funds
Framing of financial rules for guidance of departments
Supervision of accounts of provincial departments
Framing of Civil Service Rules applicable to all government servants and interpretations thereof
Floatation and administration of provincial loans
Examination and advice on matters affecting directly or indirectly the finances of the province
Administration of emoluments, pensions and allowances
Administration of public revenue
Communication of financial sanctions
Examination of all proposals for the increase or reduction of taxation
Audit matters of provincial receipts and expenditure