Regulations and Policies

The NEFC’s operations are governed by the following legislations and relevant regulations. The NEFC is established under section 187H of the constitution of PNG to provide impartial and independent advice to the National Executive Council (NEC) and the Government. The overarching mandates of the NEFC as provided in the constitution are:

Constitutional provisions on decentralisation

There shall be a system of Provincial Governements and Local-level Governments for Papua New Guinea in accordance with this Part. An organic Law sahll provide for, or make provision in respect of, the form and the manner of establishment of the Provincial Goevernments and the Local-level Goverments.

Constitution of PNG Final

United in one nation, pay homage to the memery of our ancestors - the source of our strength and origin of our combined heritage, acknowlegde the worthy customs and traditional wisdoms of our people - which have come down to us from generation ans pledge ourselves to guard and pass on to those who come after us our noble traditions and the Christian principles that are ours now.

Budget and Expenditure instructions May 2010

On Wednesday of 16^th July 2008, the National Parliament passed amendments to the Organic Law on Provincial Government and Local-Level Governments establishing a new system for funding good and services in Provinces and Local Level Governments.

INTERGOVERNMENTAL FINANCING ARRANGEMENT REVIEW (IGFAR)

The review of the current intergovernmental financing systems is a national government priority and agenda to support the decentralization reforms. The Provincial & Local Level Service Monitoring Authority (PLLSMA) at its meeting in Lae on 23 – 24th September 2020, has established a PLLSMA subcommittee on Intergovernmental Financing Arrangement Review (IGFAR) and endorsed the National Economic & Fiscal Commission (NEFC) and the Department of Treasury to chair and co-chair respectively. The PLLSMA sub-committee has been established and this team is comprised of very senior officers from key national departments/agencies. Read more...

Home

Infographics

An infographic is simply a clear representation of information or data in the form of an illustration or visual aid. The National Economic and Fiscal Commission aims to disseminate information to the public in all forms of communication. We understand that the majority of the general public may not be well equipped to fully comprehend the information, policies, studies and ongoing research we publish. Therefore, the NEFC have developed visual guides to help readers understand more of the corporate publications NEFC produces.

News

The National Economic and Fiscal Commission has undergone a change management process and with it NEFC is looking to integrate with more modern forms of technology to be more involved with the public and aims to make public information more accessible through articles published by media outlets, stories covered on national news and newsletters to keep the concerned general public aware of fiscal policies. The NEFC looks to work with local couriers to help distribute public information for the general census via our website and the numerous articles and newsletters we look to publish.

Annual Reports

This is a comprehensive and mandatory report on the Organization’s activities throughout the preceding years.

2017 Provincial Expenditure Review (PER)

Since 2006, the National Economic and Fiscal Commission (NEFC) has been conducting the annual Provincial Expenditure Reviews (PER).

2020 COSS

Cost of Services Study is an important tool that assist decision-making within the area of fiscal transfers or financial arrangements between different levels of government.

Welcome to the National Economic and Fiscal Commission (NEFC)

VISION

MISSION

Home

Infographics

News