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Permanent Secretary for Financial Services and the Treasury (Treasury) - Mr Andrew Lai

Mr Andrew Lai
Permanent Secretary for
Financial Services and the Treasury
(Treasury)

Welcome to the Homepage of The Treasury Branch under the Financial Services and the Treasury Bureau.

The Treasury Branch -

    supports the Financial Secretary and the Secretary for Financial Services and the Treasury in the formulation of fiscal policies and the annual Budget;
  • oversees the Resource Allocation Exercise and the compilation of the Government's annual estimates of expenditure;
  • facilitates the meeting of public demand for quality government services whilst upholding the principles of market economy and low taxes, and promotes value for money across the Government;
  • evaluates the financial implications of policy and infrastructure proposals;
  • provides policy direction on revenue matters and maintains an effective revenue collection system;
  • oversees Government's investments and loans portfolio;
  • oversees the efficient and cost-effective management of Government's properties;
  • improves the efficiency, quality and cost-effectiveness of central support services in respect of Government's land transport, procurement, printing as well as financial and accounting arrangements; and
  • liaise with the Public Accounts Committee and Finance Committee of the Legislative Council.