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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 [email protected] 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#
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.