Financial Secretary Office News

Financial Secretary Office News

12.7m signed over for Te Mato Vai

MEDIA RELEASE

15 May 2015

12.7m signed over for Te Mato Vai

The Governments of the Cook Islands and New Zealand today signed a new grant of NZD 12.7 million dollars towards the costs of the Te Mato Vai Water project, taking New Zealand’s contribution to $15 million.

New Zealand’s commitment to the water partnership was made by the Prime Minister of New Zealand John Key at the Pacific Islands Forum Leaders Meeting in the Cook Islands in 2012.

Te Mato Vai is being funded through various sources including a loan from the Peoples’ Republic of China, the Cook Islands own resources and the New Zealand Aid Programme.  This unique trilateral partnership is led by the Cook Islands and is on track to achieve the Government’s policy outcomes for water in Rarotonga.

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Cook Islands Government Vehicle Auction 2015

All of Government Vehicle Auction

On the 23 May 2015 the Ministry of Finance and Economic Management will be holding a whole of Government auction for a number of vehicles which are surplus to requirements. The auction will be located at the Ministry of Justice carpark and will be run by Mr John Kenning. All government vehicles for auction will be moved to the Justice building before the 18 May 2015 and an open inspection day for all vehicles to the public will be held on the 22 May 2015. All vehicles will be groomed and ready for sale as they will be sold by auction “as is basis” on the day to the highest bidder. A list of vehicles will be provided on the MFEM website or from the Senior Procurement Officer which will contain a photo and specifications. There are some simple rules in regard to the Auction:

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Rarotonga to Host the 2015 Meeting of Forum Economic Ministers, Trade Ministers and Private Sector Dialogue Workshop

Minister Brown announced that Rarotonga would be hosting a combined meeting of the Pacific Forum Economic Ministers (FEMM) and Pacific Forum Trade Ministers Meeting (FTMM) as well as the Private Sector Dialogue workshop (PSDW) will be held from 27 to 31 October 2015.

MFEM and MFAI will be working closely with the Pacific Islands Forum Secretariat on the logistics of the meeting.

Minister Brown was looking forward to the meeting.  “I expect to work closely with my colleagues from the Pacific on economic governance issues across the Pacific during that week.  The last joint meeting between the Finance Ministers and another Ministerial meeting was in Honiara where a number of measures to combat NCD’s were announced.  Obviously, there will to be some natural synergies between the private sector across the region and the economic and trade Ministers.”

More information is available from the Pacific Forum Secretariat website on http://www.forumsec.org/pages.cfm/economic-governance/.