5. Powers, duties, and functions of the Secretary to the Treasury

assist the Minister of Finance to perform his functions under this Act;

assist the Minister of Finance for preparation and execution of the annual budget;

manage the Treasury cash flow and oversee the management of the official bank accounts maintained under the Treasury single account;

ensure compliance with statutory requirements on the preparation of annual financial statements and reports of the Government, their submission to the

monitor the implementation and evaluate the results of public investment projects and public-private partnership projects;

subject to the approval of the Cabinet of Ministers, formulate policies and strategies for the effective management and overall supervision of State-Owned Enterprises;

assist the Minister of Finance to manage the public sector cadre and remuneration in compliance with the national remuneration policy;

formulate, develop, review, and update directives for the financial management, management of assets and internal audit management of public entities;

enter into agreement with foreign Governments, international organizations or other donor agencies on behalf of the Government upon the approval of the Cabinet of Ministers; and

carry out any other powers and functions assigned to the Secretary to the Treasury under this Act and by any other written law, which are not inconsistent with the provisions of this Act.