 The Economic Development Directorate was a brand new directorate formed on 17 May 2011, bringing together elements of ACT Government operations (ACT Public Service) that have a focus on economic activity which included working with the business community in relation to economic development and business support programs, the design and delivery of the government's land release program, tourism and events and sport and recreation.On 10 November 2012, the Treasury Directorate along with its Finance and Budget and Investment division and Economics division were merged into the CMCD, which was renamed Chief Minister and Treasury Directorate (CMTD).This started the history of the Chief Minister and Treasury streams within the directorate.