The Treasury's Functions
The Treasury has five different roles:
1 Economic
We are the Government's lead economic advisor, concentrating on policy areas that have a significant impact on the economy. This includes leading improvement of the quality of regulation, removing barriers to growth and barriers to increased productivity.
2 Financial
We are the Government's lead financial advisor. We manage the financial affairs of the Crown, concentrating on issues that have significant fiscal implications on public sector financial management and standards.
3 Central agency
We form part of the State sector's Corporate Centre, along with SSC and DPMC, actively working with State sector agencies to improve their performance by helping them to organise themselves, their finances and their work around results that make a difference. Together we assist the Government to develop its strategy for the State sector and manage significant issues.
4 Performance monitoring
We monitor the performance of State sector agencies, including State-Owned Enterprises (SOEs) and Crown Financial Institutions (CFIs), and work with them to improve performance.
5 Commercial policy and operations
We provide policy advice on commercial matters such as financial markets, insurance, or asset utilisation and provide financial operational services through the New Zealand Debt Management Office (NZDMO), the New Zealand Export Credit Office (NZECO) and the Commercial Transactions Group.
