Assistant Secretary
The Treasury Division is a core operation for the Department of Finance & Administration. It was established pursuant of Section 206 of the Financial Management Act 1979. Section 207 sets out the key responsibilities of the Treasurer which is specified as the Secretary of Finance who then delegates these tasks to the Treasury Division staff.
The Treasury Division is legally responsible for the administration, collection and safekeeping of all moneys due and paid. In addition, Treasury is legally responsible for the disbursement & appropriation of funds.
All public financial management activities for the FSM Government is centralized and processed out of the Treasury Division. However, management of individual budgets remains the responsibility of Allottees who have been assigned to each Appropriation. Section 228 of the Financial Management Act 1979 (FMA 1979), makes provision to allow the Secretary of Finance to issue and promulgate rules and regulations implementing the provisions of the FMA 1979. Such Regulations must be approved by the President of the Federated States of Micronesia.
Christina Elnei
Assistant Secretary FSM National Treasury
Core activities of the Division are to
- process payments in line with the Appropriation Act and supplementary amendments passed by Congress (including recurrent expenditure, capital expenditure, travel, payroll, etc);
- collect and receipt funds due to the FSM Government;
- manage and invest cash and cash equivalents as appropriate;
- manage the public finances of FSM Government foreign offices;
- manage the public finances of FSM Government located in the States;
- track and safeguard all assets of the FSM Government;
- ensure internal controls operating over Treasury operations; and
- provide financial information to the Public Auditor for annual inspection.
CHUUK FIELD OFFICE
Office Manager: Mr. Roger Mori Jr.
Email address: roger.morijr@dofa.gov.fm
(691)330 5151 & (691)330 4544
PO Box 610, Nepukos, Weno, Chuuk State
FM 96942
YAP FIELD OFFICE
Office Manager: Ms. Sebastiana M. Tinagpitin
Email Address: sebastiana.tinagpitin@dofa.gov.fm
(691)350-3409
YCA Unit # TS-204, Nimar, Weloy, Yap FM 96943 P.O. Box 7, Colonia, Yap FM 96943
KOSRAE FIELD OFFICE
Office Manager: Ms. Margarette H. Abraham
Email address: abraham.margh@gmail.com or margerett.abraham@dofa.gov.fm
(691)370-3347
Kosrae Capital Plaza, 2nd Floor Innem Lelu, Kosrae FSM Treasury, P.O. Box 357, Tofol, Kosrae FM 96944
