The New Zealand Treasury (in Māori, Kaitohutohu Kaupapa Rawa) is a public sector organisation and the Government’s lead advisor on economic and financial policy. Its role is to help the Government improve economic performance and manage scarce resources. The Treasury has four main functions:
* Providing advice to improve the economic and fiscal conditions for high levels of economic growth and improved living standards.
* Monitoring and managing the financial affairs of the Crown.
* Assessing and testing other agencies’ advice and proposals which have economic and financial implications.
* Providing leadership, with other central agencies, to develop a high-performing State sector.
The Minister of Finance, Bill English, is the Minister responsible for the Treasury. The current Secretary to the Treasury and Chief Executive is John Whitehead.
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