In line with the mandates outlined in the Royal Charter for DHI, Department of Finance pursues the following primary functions:
- Achieve optimal capital efficiency by consolidating resources of GLCs
- Provide Guarantees, where required for the GLC's if deemed appropriate by DHI
- Invest in the existing GLCs to revitalize, restructure and expand their business and also invest in new companies and business
- Divest shares in the GLCs with no strategic interest to the government or where government participation may not be necessary
- Raise funds through borrowing from domestic and international FIs and through the issuance of debt, equity or other securities in the domestic and international capital market
Goals and Objectives:
- Optimally manage the financial resources available within the group
- Ensure remittance of increasing dividends to MoF
- Mobilize capital for investments
- Strengthen the Financial Management in DHI and its portfolio companies
- Undertake Business development activities in areas related to finance
- To provide financial management, advisory and reporting services to support the investment, holding, and corporate functions of DHI