Ministry of Finance, Banking & Postal Services
30th June, 2025 This report provides an overview of the budget execution for the second quarter of the Fiscal Year 20251 for the Republic of the Marshall Islands (RMI). The data presented covers unaudited expenditure and revenue from the General Fund and the Compact Fund for the period January 01 to March 31, 2025, based […]
5th June, 2025 This report provides a summary of budget execution for the first quarter of Financial Year 2025 for the Republic of the Marshall Islands. It presents unaudited expenditure data for the General Fund and Compact Fund covering the period from October 1 to December 31, 2024, based on information available to the Ministry
21st May, 2025 The Division of Customs, Treasury, Revenue and Taxation (DCTRT) of the Ministry of Finance, Banking and Postal Services (MOFBPS) is soliciting proposals for a comprehensive, fully integrated taxation administration system (referred to as the “Integrated Revenue Administration System” or IRAS) FOR MORE INFORMATION, PLEASE REFER TO THE LINKS BELOW:
Request for Proposal: Integrated Revenue Administration System (RFP MOF2025-001) Read More »
The MOFBPS Men’s team started strong in the first round of the playoffs, securing a thrilling three-set victory over CMI last night. Awesome game by both teams! Next up, the men’s team advances to the second round and will face MIAPE/MOFAT today at 7:00 PM at ECC. Be sure to come out and support the
On March 14, 2025, the Ministry of Finance, Banking, & Postal Services wrapped up the second and final day of its Budget Development Workshop. The event brought together technical staff from various Line Ministries and Government Agencies, focusing on key topics such as the Public Financial Management (PFM) Act, the Procurement Code, and the importance
That’s a Wrap! – FY 2026 Budget Development Workshop Day 2 Read More »
On February 10, the Ministry launched its three-month “Health is Wealth” Fitness Challenge to encourage healthy habits and physical activity. As we enter the final month, we want to wish all participants the best of luck—you’re almost there! Keep pushing forward! Kommol tata to our partner, the Wellness Center, for playing an important role in
On February 27, 2025, Finance Minister David Paul, Secretary Ayako Yamaguchi-Eliou, key Finance staff, and the ADB Reform Coordination Unit (RCU) held an exit meeting with the Asian Development Bank (ADB) mission team to discuss the outcomes of the “Public Financial Management Project” mission (February 24-27, 2025). The mission team highlighted the successful completion of
The Senior Management had a fruitful meeting to discuss key updates and future plans. Highlights include:• Current Activities: Progress on ongoing projects and solutions for challenges.• Future Plans: Upcoming initiatives with clear action steps and timelines.• Budget Monitoring: Review of financial status and strategies for cost management.• Aid Coordination: Improving collaboration for efficient aid delivery.• Service Efficiency: Enhancing internal processes and adopting new technologies. The
Senior Management Meeting: Progress, Future Plans, and Strategic Priorities Read More »
Address:
P.O. Box D Majuro, MH 96960 Republic of the Marshall Islands
Phone:
+692 625-8311
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