Australia supports SIG upgrade financial management system

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AUSTRALIA is supporting the Solomon Islands Government in a SBD16.6 million upgrade of its Financial Management Information System.

Australia funded the initial roll-out of the Financial Information Management System in 2011 which has led to significant improvements in the delivery of government services.

This includes the automation of payment and financial reporting processes, and more timely access to accurate financial information for the Ministry of Finance and Treasury and line ministries.

Deputy Prime Minister and Minister for Finance and Treasury, Manasseh Sogavare said, “We are grateful to Australia’s ongoing support to strengthening public financial management.

“The upgrade will bring much needed improvement to government business processes across whole of government which will lead to improved service delivery.”

Upgrading the Financial Management Information System will have many benefits for a range of Solomon Islanders.

The upgraded system will be designed to meet the government’s financial business processes and help to automate and improve the efficiency of these processes.

It will also make financial information more readily available to line ministries, and be more secure and user friendly.

The upgraded system will improve interface with other SIG information management systems such as Customs asycuda and Inland Revenue management system and transport management system.

This integration will allow for quicker processing times for customers.

The Australian High Commissioner, his Excellency Roderick Brazier noted ‘we’re happy to support this project as it fits with the Australian Aid programmes’ support to public financial management and will enable the government to more effectively deliver services to all stakeholders.

The project will be implemented over three years, with the upgraded system to go live in 2020.

–SIG, AUSAID JOINT PRESS

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