Mandate

The Ministry of Finance and Economic Planning, Government of Newfoundland is responsible for ensuring the province’s fiscal sustainability through prudent financial management and comprehensive economic planning. It oversees the development and implementation of budgetary policies, taxation systems, and debt management strategies to bolster Newfoundland’s economic strength. The Ministry also facilitates economic growth by supporting infrastructure projects, fostering an environment conducive to innovation and economic diversification, and enhancing the province’s trade relationships globally. Through a combination of fiscal oversight and strategic investment, the Ministry aims to secure and maintain economic resilience and prosperity for Newfoundland.

Strategic Priorities

• Ensure fiscal sustainability through prudent budget management.
• Support economic growth by investing in infrastructure projects.
• Implement effective and fair taxation systems.
• Enhance public sector financial accountability and transparency.
• Manage public debt within sustainable limits.
• Strengthen international trade relationships and economic partnerships.
• Promote innovation in hydropower and critical-minerals processing.
• Expand digital infrastructures and data-driven initiatives.

Programs & Services

• Budget Planning and Financial Management
• Taxation Services
• Economic Policy and Analysis
• Infrastructure Financing
• Public Sector Accounting
• Debt Management

Key Departments

Contact

Ministry of Finance and Economic Planning
St. John’s, Newfoundland

Email: info@republicofnewfoundland.com
Tel: +1-709-555-0000