Financial Secretary Office News

Financial Secretary Office News

Cook Islands Government working to maintain reputation

Cook Islands Government working to maintain reputation
Financial Secretary Richard Neves states that government agencies in the Cook Islands are not resting on its laurels when it comes to preventing corruption.

Mr Neves was speaking on International Anti Corruption Day – a United Nations initiative which supports the United Nations Convention Against Corruption.

“Corruption is a problem in all countries, some more so than others. We have a good reputation internationally and we work hard to maintain that reputation.

“But by ensuring we have robust systems and processes in place we reduce opportunities for corruption.

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Press Release - Factsheet Anti Corruption

PRESS RELEASE

Factsheet

Keep the Cook Islands Corruption-Free
The Cook Islands supports the United Nations Convention against Corruption.

That means we work to make sure that our country works in a way that is open, transparent and accountable.

What is corruption?
Corruption is intentionally misleading or harming someone else in order to gain a financial or other benefit or to avoid an obligation.

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The Ministry of Finance and Economic Management lodges its application to become a National Implementing Entity (NIE) for the Adaptation Fund

The Ministry of Finance and Economic Management lodges its application 

to become a National Implementing Entity (NIE) for the Adaptation Fund  

After 12 months of preparation and collaboration MFEM is pleased to announce that it has successfully lodged its application to become accredited to the Adaptation Fund (AF).  The AF Board will consider the proposal in April 2015 and between now and then the accreditation panel will be working with MFEM to ensure all the information is in order.  Out of the 17 NIEs accredited so far, there are no Pacific Island countries that have successfully gained NIE status.  Considering that the Cook Islands is a Small Island Developing State (SIDS) which is extremely vulnerable to current and future threats of climate change, it would be a great achievement locally, regionally, and internationally for MFEM to gain accreditation.

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