This report provides an overview of the implementation of the 'Accountable Public Finances to Serve Pacific People - Vaka Pasifika Project,' commonly known as the Vaka Pasifika Project, covering the period from June 2022 to June 2023. It encompasses a comprehensive review of activities, progress, learnings, achievements, and next steps. The Vaka Pasifika Project builds upon the outcomes and partnerships established during the Public Finance Management project, which was executed between 2018 and 2022 with the generous support of the European Union. Consequently, this report stands as the inaugural annual report of the new phase of activities, made possible by the continuous and generous support of the European Union