Function
- Effective monitoring & policy advice via consultative approaches that drives improved performance of Public Trading Bodies.
Strategies
- Improve compliance of PTBs to reporting requirements, planning frameworks and policies
- Strengthen Fiscal Risk Management
- Strengthen transparency and accountability by PTBs
- Establish sound legal and regulatory framework to enhance commercialization of PTB
Performance Indicators
- At least 93% of PTB complied to QR reporting timeframe on an annual basis
- At least 86% of PTB complied to AR reporting timeframe on an annual basis
- At least 93% of PTBs included in Overall Report to Cabinet for both QR and AR
- At least 80% of PTB QR/AR analysis submitted to Shareholding Ministers within 2 months upon receipt of QR/AR on an annual basis
- At least 80% of PTB registered issues resolved annually
- At least 90-95% of budgeted dividend collected annually
- At least 90% compliance of PTB to dividend policy on an annual basis
- At least 70% of PTBs CP and SCO 2025-2028 approved by responsible Minister in September 2024
- Annual update of CP and SCO with 80% approved by RM every July
- HCT analysis for all PTB by December 2024
- Consolidated Annual Fiscal Risk Report by December
- Public Bodies Forum conducted on an annual basis in January/February
- Risk Management framework for PB draft in June 2027
- Amendments approved by Cabinet in September 2024
- Planning Framework (CP & SCO)
- CSO Framework
- Amendments to PB Act 2001 passed by Parliament in July 2025
- CSO Framework
- Planning Framework (CP & SCO)
- Report to Cabinet on CSO activities not complied with process by December 2024
- Implement 100% of Action Plan approved by Cabinet in December 2025
- Report to Shareholding Ministers on unfunded CSOs on a quarterly and annual basis, as part of RTMs
- Full disclosure of all CSO activities in PTB ARs on annual basis
- Quarterly/Annual Analysis of PTB using Surplus capital, Asset Utilization, Capital Structure and Redundant assets guidelines every FY
- 100% of PTB assessed using Redundant Assets guidelines by December 2024
- 100% of PTB projects assessed using Capital expenditure and Business Cases Guidelines by June 2025
- Complete Investigation as directed and Report to Responsible Minister within the TOR timeframe
- Report to Cabinet Rationale and Action Plan of Section 5 implementation by September 2024
- Action Plan approval by Cabinet in December 2024
- Review of at least 2 PTB Establishing Acts is completed on an annual basis
- Review Balance Sheets for at least 2 PTB to transfer to New Company on an annual basis
- Complete transfer to Company of at least 1 PTB per annum