The Finance and Budget Department is responsible for the financial management of the Authority. It controls budget spending and ensures that the institution’s liquidity position is secured. This department further aids the flow of revenues to the government and accounted for all revenues being collected and transferred to the Consolidated Fund.
Functions of the Finance & Budget Department Includes:
- Collection of revenue for the NRA which is deposited in the Consolidated Revenue Fund (CRF).
- Revenue reconciliation with Commercial banks.
- Participation at Cash Management meetings.
- Issuance of securitized receipts to outstations to ensure accountability of funds.