Follow us on:

Facebook Twitter LinkedIn YouTube

Archive -Defences Forces

Top finance delegation meet SPDF leaders |23 January 2017

 

A top finance delegation has met with the management of the Seychelles People’s Defence Forces (SPDF) to discuss the transition of financial operations for the department.

This follows the announcement by President Danny Faure that as of January 1, 2017 all financial transactions of the Department of Defence will be processed through the government's Treasury Single Account (TSA), and not through commercial banks.

The finance team comprised the Minister for Finance, Trade and Economic Planning Dr Peter Larose and other top officials of the ministry whereas the SPDF delegation was led by the chief of defence forces Brigadier Leopold Payet.

The meeting took place last Wednesday  at the SPDF headquarters at Bel Eau.

The move forms part of several measures relating to the commitment of the government following the outcome of the 2017 budget discussion with the National Assembly.

Minister Larose reiterated the government’s commitment, particularly that of the Finance and Trade Department’s responsibility, to ensure the highest level of financial accountability and transparency in managing public funds.

The minister also assured the SPDF of a smooth transition of operations as they interface with the government’s financial operating platform.

The TSA is equipped to allow SPDF to manage its budget in accordance with its specific requirements.

All commercial bank accounts that were in operation with regard to the operational activities of the Defence forces have been closed accordingly.

The Department of Defence is one of the departments which has transited to a partial Programme Performance Based Budgeting (PPBB) model in 2017. 

Dr Larose expressed satisfaction with the outcome of the meeting and thanked Brigadier Payet and his team for their cooperation.

On his part, Brigadier Payet confirmed SPDF’s commitment to operate and follow the TSA system.

He expressed appreciation to the minister and his officials for the visit aimed at finding a solution to the SPDF’s operational complexities.

It was also agreed that further discussions will be held at technical levels including the Procurement Oversight Unit to clarify the procurement processes that will apply to the SPDF as from now on.

The department’s expenditure pertaining to the 2017 budget allocation will be effected through the Treasury.

Present at the meeting was the principal secretary for Finance and Trade, Patrick Payet; Comptroller General for Financial Planning & Control in the Ministry Damien Thésée and the chief accountant, Marcia Loizeau.

The delegation met the deputy chief of defence forces, Clifford Roseline; the Defence Forces’ financial controller, Randimal Bopage and senior accountant, Paul Dupres.

 

 

 

» Back to Archive