Financial Secretary Office News

Financial Secretary Office News

Public Notice: Old Cook Islands Coins No Longer Legal Tender as of 1 May 2016

The six new Cook Islands coins 10 cents, 20 cents, 50 cents, $1, $2 and $5 were launched by the Minister of Finance Honourable Mark Brown on 26 May 2015 and were available from the banks on 4 August 2015. 

The public are reminded that the last day for the old Cook Islands coins which are silver $1 and $2, and bronze $5 with the conch shell, to be used as legal is 30 April 2016.  Therefore, as from 1 May 2016 only the NEW COOK ISLANDS COINS and the NEW ZEALAND COINS will be the legal tender in the Cook Islands.

We encourage the public to take their old coins to their banks and exchange for new coins by 30 April 2016.


20 April 2016

Asian Development Bank Annual General Meeting, Frankfurt 2-5 May 2016

Cooperating for Sustainability

The Asian Development Bank (ADB) Board of Governors holds its annual meeting to discuss developments in Asia and the Pacific as well as institutional matters. ADB’s annual meetings have become a premier forum for the discussion of economic and social development issues in Asia and the Pacific.

In 2016, the Government of Germany will be hosting the ADB Annual Meeting for the first time between the 2- 5 May, 2016 in the city of Frankfurt. Under the theme "Cooperating for Sustainability", the meeting will connect finance and development professionals to exchange ideas, priorities and continue to work towards achieving tangible results.

Read more ...

Election observer mission to Vanuatu


  The Pacific Islands Forum has accepted an invitation from Vanuatu to send an Observer Mission to observe and assess the Vanuatu Parliamentary elections on the 22nd of January.  Cook Islands Chief Electoral Mrs Taggy Tangimetua will be part of the mission with Forum executives and delegates from Tonga.  The team will be in Vanuatu next week until after the elections.  The mission will monitor Vanuatu's electoral process not only to assess compliance but also to learn from and share any lessons with other member countries.  Taggy has participated on other observer missions such as the UK Elections in May 2015. That mission was aimed to provide a snap-shot assessment of the UK elections with the report provided to the Commonwealth Parliamentary Association (CPA) UK. The request from the Pacific Islands Forum for Taggy to be part of the mission is a reflection of her esteem across the region and we are very proud of her.  

 [END] 8 January 2016