Function
- Robust policies and regulations with informed guidance to bolster compliance, financial sustainability and service delivery of Public Beneficial & Mutual Bodies
Strategies
- Develop and Review policies and regulations to strengthen the monitoring role and reflect an improved service delivery by Mutual and Beneficial Bodies
- Improve compliance to Reporting Requirements (PB Act 2001) and Governance Policies
- Strengthen Financial Sustainability of Mutual & Beneficial Bodies
- Up-skilled and Sufficient Workforce to Cater for PBs Reform
- Support delivery of MPE’s mandate
Performance Indicators
- Performance measures reviewed for Mutual and Beneficial Bodies
- Health-Check tool incorporated in the Overall and Individual Annual Reports
- PBs corporate Plan Guideline Reviewed
- Draft Investment policy reviewed and relevant templates developed
- Final Policy approved by Cabinet
- Risk Assessment Framework developed
- Framework Approved by Cabinet
- Average of 95% Quarterly reports submitted one month after each Quarter
- 100% Annual Reports submitted by October 31st every year
- 100% of Mutual and Beneficial Bodies included in Overall Reports to Cabinet
- 100% of CPs approved by Cabinet
- 100% Annual Review of CPs completed
- Implementation plan developed for site visits
- One visit within each year of the planning period
- MPE Report finalized 5-10 working days upon receipt of request
- 100% of QR and AR RTMs finalized
- Health Check Tool utilized to consolidate results
- Assistance and advice on financial performance of Beneficial Bodies provided for Budget Committee
- Proposal to secure funding for capacity building opportunities developed
- One training/workshop attended by each staff annually
- Proposal Approved by PSC
- Additional staff in place
- Divisional Plan reviewed and updated annually
- MPE Corporate Plan
- Progress report completed for MPE
- Annual Budget Estimates Completed annually