Its main objectives include increasing access to information

The Executive has adopted an emergency ordinance to establish, develop and manage a Financial Hub at the Ministry of Finance. This financial, tax and customs data and service centre of the public administration aims to be a modern, sustainable and technically and financially optimised system.

The Financial Hub will act as a multi-annual communication channel between Government, citizens, business and service providers. Its main objectives include increasing access to information, centralising and integrating data and applications, streamlining public decision-making, increasing revenue and reducing costs, tell the authorities. 

The IT systems and applications within the Financial Hub will be interconnected at service level with the Government Cloud Platform, ensuring smoother collaboration and efficient data management.

The Ordinance also regulates issues related to cyber security, the tasks and responsibilities for the implementation and deployment of the national security elements of the Financial Hub, and data processing.