Workplace of the Prime Minister – The Ministry of Finance has commenced the Mid-12 months Funds Evaluation for 2024/2025, a key course of to evaluate the implementation and progress of initiatives outlined within the 2024/2025 nationwide finances.
Led by the Prime Minister and Minister for Finance, Hon. Philip J. Pierre, the evaluation brings collectively senior authorities officers and company heads from October 15 to October 17, 2024. The periods will give attention to evaluating the finances’s efficiency to this point, figuring out challenges, and contemplating any vital changes because the fiscal yr progresses.
Following the evaluation, the federal government will work to deal with challenges impacting finances implementation and take away bottlenecks to make sure extra environment friendly execution. Moreover, the federal government seeks to establish points —whether or not legislative or procedural—which will hinder progress. Changes to insurance policies, customary working procedures (SOPs), and different related frameworks will likely be thought of to boost the implementation course of.
The Mid-12 months Evaluation will conclude on Thursday, October 17, 2024, and the outcomes will inform fiscal administration and decision-making for the rest of the monetary yr.