Home  |  About MFDP  |  Focal Areas  |  Publications  |  Media Center  |  Awarness Campaigns  |  FAQ  |  Feedback  |  Contact Us
 
RSS
 

 
Mission,Vision,Mandate and Values
 

  Vision
“The Ministry of Finance and Development Planning will be a world class leaderand a model of excellence in financial and economic management for theprosperity of Botswana”

Mission

The Ministry of Finance and DevelopmentPlanning exists to:

  • Mobilise and manage the country’s economic and financial resources in a sustainable manner.
  • Provide Leadership on all matters pertaining to national development, planning,
  • Financial and economic management
  • Provide relevant, reliable and timely socio – economic, financial and statistical information
  • Provide leadership in planning and formulation of economic and financial policies
  • Coordinate the preparation and implementation of National Development Plans.
  • Regulate financial institutions

Values

  • Honesty, courteousy, timeliness and caring
  • Tolerance, value of difference and unity of purpose
  • Interdependence, learning, sharing of experiences and knowledge
  • Openness, transparency and accountability
  • Trained, motivated, hardworking, committed and productive workforce.
  • Creative and innovation
  • Excellence

 Mandate

The overall mandate of the Ministry ofFinance and Development Planning is to coordinate national developmentplanning, mobilise and prudently manage available financial and economicresources. Further to that the Ministry is responsible for the formulation ofeconomic and financial policies for sustainable economic development. The corefunctions of the Ministry fall into three main areas as follows:

  • Treasury and Budget Administration.
  • Economic Management and National Development Planning Coordination.
  • Financial Administration and Management.

As an integral partof its mandate, the major responsibilities of the Ministry are as follows:

  • Mobilise resources for economic development.
  • Improve accountability for the use of resources.
  • Facilitate improvements in project implementation and monitoring processes.
  • Ensure strict adherence to budgetary processes.
  • Facilitate the contributing role of the private sector and non – governmental organisations to the strategy of creating greater prosperity and embracing this in the development process.
  • Facilitate and support citizen economic empowerment schemes and intiatives, and
  • Facilitate involvement of Botswana in regional and global economic issues.

In light of itsfunctions, and as a consequence of its mandate the Ministry operates throughfunctional Divisions and Departments which are accordingly listed below:

Table1: Divisions and Departments of the Ministry of Finance and DevelopmentPlanning

Divisions 

  • Economic Affairs and Financial Policy Division
  • Development and Budget Division

Departments

  • Corporate Services Department
  • Office of Accountant General
  • Department of Internal Audit
  • Central Statistics Office

The Ministry also operates through a numberof parastatals that complement its efforts as well as that of the Government innational development by performing certain specific roles and functions in linewith their mandate. These Parastatals can be clustered into three majorcategories; Financial Parastatals, Non - Financial Enterprises and Non -Financial Parastatal Institutions.

Some of the MinistryParastatals include the following 

  • Botswana Development Corporation (BDC)
  • Botswana Stock Exchange
  • Public Procurement & Asset Disposal Board (PPADB)
  • National Development Bank (NDB)
  • Botswana Unified Revenue Service (BURS)
  • International Financial Services Centre (IFSC)
  • Botswana Savings Bank (BSB)
  • Botswana Accountancy College (BAC)
  • Citizen Entrepreneurial Development Agency (CEDA)
  • Botswana Institute of Development Policy Analysis (BIDPA)
  • Motor Vehicle Accidents Fund (MVAF)
  • Botswana Institute of Development Policy Analysis (BIDPA)
  • Public Enterprises, Evaluation and Privatisation Agency (PEEPA)
  • Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
  • Citizen Entrepreneur Mortgage Assistance Equity Fund (CEMAEF)
  • National Statistics Office

 

 

 
Parastatals
Bank of Botswana
Botswana Development Coporation
Botswana Institute of development policy analysis
Botswana Labour Market Observatory
Botswana Stock Exchange
Botswana Unified Revenue Service
Motor Vehicle Accident fund
National Development Bank
Non-Bank Financial Institutions Regulatory Authority
More...
Career Opportunities
DAILYNEWS Online
Forms and Downloads
Customer Toll Free: 0800 600 773
07:30-12:45 and 13:45-16:30 Hours(Weekdays)

Copyright © 2009 Ministry of Finance and Development Planning. All Rights Reserved.
Last Updated: 13 May 2014