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Statement of Intent 2014-2019

Introduction from the Secretary and Chief Executive

The Treasury's vision is to be a world-class organisation working towards higher living standards for New Zealanders.

When we talk about living standards we mean more than economic growth. We recognise people's quality of life is influenced by a range of factors. This includes their physical environment, health, education and skills, social institutions and conventions, and natural resources such as quality water, a stable climate and biodiversity.

We are pursuing our vision in a world that is changing quickly. The makeup of society is shifting, and so is the way we live. Different lifestyles and new technologies mean people have different - and growing - expectations of public services and how they are delivered. New markets are emerging for New Zealand's products and services, creating new opportunities and risks for our businesses and the economy as a whole. At the same time, the composition of the government's balance sheet is changing, meaning we need to think differently about how we get the best value for money for New Zealanders.

This Statement of Intent reflects this broad view of living standards and the changing operating environment. It signals the key areas the Treasury will focus on to deliver Government priorities and support inclusive, sustainable growth. Importantly, it also shares how we will go about our work: by being more collaborative, more outward facing and more engaged with society. This will help to ensure that the Treasury remains connected and relevant, and is better at bringing in fresh thinking. We'll also continue to invest in our people and our core analytical capability, building on traditional strengths to add further depth to our economic and financial advice.

Our success will be judged by how others see us. We want people to see our advice as aligned with the way New Zealanders want to live, and that the solutions we put forward are innovative, practical and well informed.

I am confident we are up to the task.

Chief Executive's Statement of Responsibility

In signing this statement, I acknowledge that I am responsible for the information on strategic intentions of the Treasury. This information has been prepared in accordance with section 38 and section 40 of the Public Finance Act 1989.

Gabriel Makhlouf
Secretary and Chief Executive

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