Treasury Department to Undergo Major Restructuring
The Cabinet of Antigua and Barbuda has approved a comprehensive restructuring and modernization plan for the Treasury Department, aimed at improving financial management, accountability, and operational efficiency within the public finance system.
The announcement followed a detailed presentation to Cabinet by the Accountant General and members of his team, outlining both the department’s current structure and proposed reforms.
According to Director General of Communications Maurice Merchant, the new framework will streamline the department by reducing its existing six divisions to four key functional areas — financial management, cash management, financial control, and accounting — each to be led by senior officers.
Merchant said the restructuring is designed to “enhance financial management, improve accountability, and ensure greater operational efficiency within the public finance system.”
The Treasury modernization initiative forms part of the government’s broader public finance reform agenda, which seeks to strengthen fiscal oversight, improve service delivery, and align the country’s financial administration with international best practices.
Officials say the reforms will also support greater transparency and more efficient management of public funds, ensuring that financial reporting and expenditure control processes meet the standards expected by local and international partners.
Further details on implementation timelines and capacity-building measures are expected to be announced in the coming weeks.
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What happen to Social security building, are they going to be renting forever and ever
This is exactly what we want. Some old heads there believe they can run the country and manipulate the system. Tel dat
@janine loverty October 23, 2025 At 2:41 pm
Good Question. I’ve been asking this for years now. But it seems that the PM doesn’t mind the wasting of rental monies.
The only reform that is needed in the Treasury is to put Qualified people in place. Not because one worked at the Treasury for tens of years and knows the system, makes him/her a good fit for the job. What are the qualifications for an Accountant General.
Qualifications for an Accountant General of the Treasury vary by country but generally require a bachelor’s degree in a relevant field like accounting, finance, or a related business area, along with extensive experience in financial management, government accounting, and a strong understanding of accounting standards. Advanced degrees, professional certifications (e.g., CTP, CFA, ACCA), and knowledge of public sector accounting or specific government environments are also beneficial.
Core qualifications
Education: A bachelor’s degree in accounting, finance, economics, or a related field is typically a minimum requirement.
Experience: Extensive professional experience in financial management, treasury, and government accounting is necessary.
Government knowledge: Familiarity with the specific finance and accounting environment of the government sector is often essential.
Desirable qualifications
Advanced degree: A master’s degree (like an MBA) or other advanced degree in business, finance, or a related field is often preferred.
Professional certification: Certifications like Certified Public Accountant (CPA), Chartered Accountant (CA), or others from organizations like the Association of Corporate Treasurers (ACT) can significantly enhance a candidate’s prospects.
Accounting standards: Proven knowledge of implementing and applying specific accounting standards is crucial, such as IFRS or other public sector standards.
Technical and analytical skills: Strong analytical skills, proficiency in advanced software (like Excel), and excellent communication abilities are important.
A “Certified International Public Sector Accountant” is not a single, universal certification but refers to professionals who have completed specific training in International Public Sector Accounting Standards (IPSAS), such as the ACCA Certificate in IPSAS or the CIPFA Certificate in IPSAS. These certifications demonstrate foundational knowledge of IPSAS, which are standards for public sector financial reporting used globally to improve consistency and transparency
We need an HR Audit to determine who is qualified for the position they hold. And as far as I know Mr. Roberts is not qualified at all. he couldn’t even tell Pringle in the PAC meeting what a bond really is. He agreed with Pringle that it was like a loan. Big shame. The PM should have fired him the day after he said that.
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