Ministry of Finance > Economic Affairs and Policy Analysis Division

ECONOMIC AFFAIRS AND POLICY ANALYSIS DIVISION

Vision

To provide inputs for improved macroeconomic policy and management

Mission

To provide inputs for improved macroeconomic policy and management

Objectives

To analyse trends and issues on government revenue, expenditure, budgetary deficit, price situation, etc.
To analyse trends and issues on monetary policy, foreign exchange policy, credit management, etc.
To develop and recommend policy issues related to financial sector reform (structure, etc.)
To recommend measures to improve debt management- domestic and external

Strategies

Develop a system to collect information- qualitative and quantitative generated from relevant agencies.
Develop computer network for data management.
Make provision for a documentation unit to make available related documents.
Develop information management system on major economic and financial indicators.

Policies

Separate the existing one unit into economic analysis unit, and money and financial analysis unit.
Strengthen the units with adequate logistics support.
Identify relevant steps to be undertake and monitor the progress made in the area of financial sector reform.
Adequate and timely dissemination of information on economic and financial issues and trends.

Programmes

Publish annual Economic Survey.
Prepare quarterly economic review, consisting of major economic and financial indicators and circulate the same for internal use.
Update government debt situation regularly.
Improve and strengthen corporate and financial governance viz. revision and formation of Acts, Rules and Regulation.
Help healthy growth of banking sector and capital market.

Budget

Allocation of adequate budget for computer networking, Hardware and Software as well as establishing a documentation unit furnished with economic and financial documents.

Procedures

Develop an economic analysis unit equipped with computer network.
Establish a documentation unit.
Make available the services of computer specialist to develop computer network for the initial period.
Make available the qualified and skilled manpower for economic review and analysis.
Coordination and interaction with the concerned agencies for supplying information and data regularly.
Publish, circulate the reports/analysis on economic and financial areas, debt position.
Continuation of regular administrative works related to money and banking and financial sector.

Performance

Revised publication of Economic Survey Report,
Quarterly publication of economic and financial analysis report,
Updated debt information and management
Timely receivable of information and their dissemination,
Policy formulation and response,
Improvement in the record management,
Make aware of the policy issues ,
Resolve policy and procedure discrepancies quickly,
Regular interaction with the concerned authorities on the issues.

Monitoring & Evaluation

Monitoring Process:

Regular meeting
Application of control mechanism
Cross verification of the information

Evaluation:

Impact analysis at a regular internal
Measuring achievements with the set target

Environmental Scanning

External Forces:

Concerned authorities/agencies may not provide information/data in time.
Regular meeting and interaction may not take place.
Threat of shifting the responsibilities.
Chances of non-cooperation.

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