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Agency

Accountant General’s Department

The Accountant General’s Department (AGD) is the nation’s Treasury and the operational Department within the Ministry of Finance and Planning, charged with facilitating and reporting on the flow of funds within the public sector.

The Accountant General is the custodian of the Consolidated Fund which was   established by Section 114 of the Constitution of Jamaica and Section 3 of the Financial Administration and Audit Act (FAA Act), and which is the principal instrument of Parliamentary control of public funds. The Accountant General, by virtue of Section 15 of the FAA Act, has responsibilities for the collection, safekeeping and proper disbursements of all sums due to and payable from the Consolidated Fund.

The Accountant General is also the custodian of all Government properties (excluding lands) under the Crown Properties (Vesting) Act.

Our Main Roles and Functions

  • Responsibility for the management and custodianship of the Consolidated Fund which is the principal instrument of parliamentary control of public monies. This includes (but not limited to) the responsibility for the collection, safekeeping and proper disbursements of all monies due to and payable from the Consolidated Fund.
  • Management of the Centralized Treasury, whereby all payments to all suppliers for goods and services are executed on behalf of the ministries, departments and agencies.
  • Responsibility for the custodianship of all Government properties excluding lands under the Crown Properties (vesting) Act. The Accountant General can dispose of these properties only under the written authority of the Minister of Finance.
  • Provide advice and technical support to the Financial Secretary and the Minister of Finance.
  • Ensure that Government debts are serviced timely.
  • Represent the Government as shareholder in companies in which the Government holds shares. These shares are issued in the name of the Accountant General under the Crown Properties (vesting) Act.
  • Collection of certain revenues as a Principal receiver of revenue, having been so appointed by the Minister of Finance under section 16 of the Financial Administration and Audit Act.
  • Ensure the effective administration of expenditure in respect of those services which by law are directly charged from the Consolidated Fund (Statutory Expenditure).
  • In collaboration with the Ministry of Finance, develop, implement and constantly review the management and accounting of the public debt.
  • Management of Treasury Deposits.
  • Disbursements from and management of   loans and advances to Government employees.
  • Custodianship of the Contingencies Fund.
  • Payroll administration for Thirty Three Thousand Government Pensioners and Nineteen Ministries and Departments.
Provide reports on inflows and outflows to the Consolidated Fund; government shareholdings; treasury balances; debt servicing; loan portfolio balances; statutory and voted provisions.