Our Operating Intentions 2010-2015
The Treasury's work is designed around three key outcomes that support the Government's priorities:
- Improved economic performance
- A stable and sustainable macroeconomic environment, and
- Improved State sector performance.
Our influence on these outcomes is long term and indirect, and many other factors, including other public sector agencies, contribute towards achieving these outcomes. However, using these as a framework helps to ensure that we focus our efforts and resources on the work that can best give effect to the Government's goals.
We expand on these outcomes on pages 9 to 16.
Making an impact through managing for results
Our contribution to these outputs is further refined through a focus on eight high-level results; each of these covers core functions of the Treasury. The results framework is central to our internal planning and ensures that it is always directing its attention and resources on the things that matter most across the breadth of our portfolio, and enables us to maximise the impact of our work.
An annual review and refresh of the Treasury's results helps to maintain our focus on the regulatory or policy issues that have the greatest potential to have a significant or pervasive impact on New Zealand's overall economic performance, rather than attempting to provide advice on every fiscal and economic issue.
We expand on our results on pages 17 to 34.
Measuring our service performance
For each of our results we have identified measures to help demonstrate the impact we are seeking to have through these results over the three- to five-year term of this Statement of Intent and milestones that indicate the progress we seek to have over the next year.
Output measures for assessing the Treasury's service performance through the 2010/11 year are included in the Estimates. As much of our work is policy advice, we are using the Treasury's quality standard to ensure the quality and timeliness of delivery of these outputs. Additional measures are provided for the other financial and management functions we perform.
