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Cabinet paper

Cabinet Paper CAB-19-SUB-0439: Public Finance System Modernisation - Implementing step 1 of financial management and accountability changes

Issue date: 
Wednesday, 23 October 2019
Version note: 

Some parts of this information release would not be appropriate to release and, if requested, would be withheld under the Official Information Act 1982 (the Act). Where this is the case, the relevant sections of the Act that would apply have been identified. Where information has been withheld, no public interest has been identified that would outweigh the reasons for withholding it.

Document Date: 
Monday, 2 Sep 2019
Publication category: 
Ministerial Portfolio: 
Finance

Accessible HTML version

Only the Proposal and Executive Summary sections of this Cabinet paper are extracted below in HTML.  If you require a full HTML version please contact information@treasury.govt.nz and cite CAB-19-SUB-0439 as a reference.

Cabinet Paper CAB-19-SUB-0439: Public Finance System Modernisation - Implementing step 1 of financial management and accountability changes

Proposal

1In May 2019, Cabinet invited me to report to the Cabinet Government Administration and Expenditure Review Committee (GOV) by August 2019 with initial proposals to modernise the public finance system [CAB-19-Min-0214 refers], focusing on:

1.1piloting a fundamentally different approach to strategic planning and reporting;

1.2potential changes to increase financial flexibility and reduce compliance costs for agencies reporting to the Treasury; and

1.3options to support innovation and collaboration.

2This paper seeks agreement to a number of proposals relating to paragraphs 1.1 and 1.2 above to implement step 1 of the public finance system modernisation work programme. These proposals will be implemented over Budgets 2020 and 2021.

[Extract ends]

Last updated: 
Wednesday, 23 October 2019