Politics of The Falkland Islands - Finances

Finances

The Director of Finance of the Falkland Islands is responsible for government expenditure on the islands, acting with authorisation from the Legislative Assembly. The Director is also an ex officio member of both the Legislative Assembly and the Executive Council.

There is also a Public Accounts Committee consisting of a chairman and two other members appointed by the Governor (in consultation with the elected MLAs) and two elected members of the Legislative Assembly. Reporting to the Legislative Assembly, the Committee overseas the economy, government expenditure, all public accounts and audit reports on the islands. The Director of Finance is not permitted to be a member of the Public Accounts Committee.