supports the Financial Secretary and the Secretary for Financial Services and the Treasury on matters of fiscal policy and on the annual Budget;

oversees the Resource Allocation Exercise and the compilation of the Government's annual estimates of expenditure;

ensures a right balance is struck between meeting public demand for better government services and adhering to the principles of small government and low taxes, and promotes value for money across the Government;

evaluates the implications of policy proposals, infrastructure proposals and the financial aspects of land-related matters;

provides policy direction on revenue matters, and maintains an effective revenue collection and protection system;

oversees Government's investments and loans portfolio;

oversees the cost-effective and efficient management of Government's estate;

improves the efficiency, quality and cost-effectiveness of Government's central support services in the areas of government land transport, government procurement, government printing as well as financial and accounting arrangements; and

manages relationship with the Public Accounts Committee and Finance Committee of the Legislative Council.

(Ms Elizabeth Tse)
Permanent Secretary for
Financial Services and the Treasury
(Treasury)