1) Gather economic information and monitor economic indicators, thereafter produce economic reports

2) Formulate and implement macro-economic polices, geared towards the stimulation of specific sectors with a focus on diversifying the economy

3) Stimulation of economic activities, especially those that expand the economic basis of the island

4) Formulate and implement policies to stimulate and if necessary protect the labor market and in particular, the creation of employment

5) Formulate and implement policies to increase the standard of living for the population as well as maintain price level stability

6) Advise the Executive Council on various economic matters