Finance Department

The Finance Department at the State Department for Co-operatives entails:

  1. processing of estimates for the program budget, expenditure and revenue forecasts;
  2. Prioritization of programs and activities for results based allocation of resources,
  3. Issuance of Authority to Incur Expenditure (AIE) and transfer of funds to Semi-Autonomous Government Agencies (SAGAs);
  4. Monitoring of Revenue and Expenditure;
  5. Prioritization of projects and activities for the purpose of financial allocations in the budget;
  6. Oversight of commitment of funds and expenditure trends, in line with Treasury Circulars;
  7. Budget monitoring and reporting;
  8. Reallocations within Budgeted Heads and programmes;
  9. Overall financial management and control of voted funds and
  10. Offering strategic leadership on all matters pertaining to financial management.