INDEPENDENT NEWS

Management, monitoring, and evaluation of the PGF

Published: Tue 16 Apr 2019 02:08 PM
Management, monitoring, and evaluation of the Provincial Growth Fund
The Provincial Growth Fund (the Fund) allows for $3 billion of public money to be invested over three years, with the aim of lifting productivity in New Zealand’s regions.
The speed with which the Fund was established and continues to be developed, the nature of many of the funding proposals, and the high level of public interest have meant that the processes and types of funding provided might be different from traditional public sector arrangements. The Fund also requires appropriations to be managed by multiple government departments and organisations, which increases the risk of unappropriated expenditure.
As part of the 2017/18 annual audit, and acknowledging the short time frame for the Ministry of Business, Innovation and Employment (MBIE) to develop the necessary processes and procedures, we carried out some preliminary work to review how it was administering the Fund. In the final report to MBIE on the audit, we made recommendations aimed at improving the overall management of the Fund.
The Provincial Growth Fund will be a focus for our Office in 2018/19 and beyond. We intend to carry out additional work, building on our 2017/18 annual audit of MBIE.We’ve published the terms of reference for this additional work on our website.
Incentive payments made by Te Puni Kōkiri to Whānau Ora commissioning agencies
During the Māori Affairs Committee’s Annual Review of Te Puni Kōkiri (the Ministry) in December, members of the select committee asked about an “incentive payment” that had been distributed to the shareholders of a Whānau Ora commissioning agency. Recognising the potential public interest in this matter, we reviewedthe arrangements and have written to the Ministry with our findings. We have not found any evidence that indicates the Ministry has incurred expenditure that is unlawful.
Our letter also includes some observations about the current incentive payment arrangements. Because other agencies in the public sector administer similar funding arrangements (including incentive payments), we have decided to publish this letter on our website.
ends

Next in New Zealand politics

Independent election policy costing unit a step closer
By: New Zealand Government
Primary and intermediate principals vote to accept new offer
By: NZEI
Breach of 'journalistic privilege' during unlawful search
By: Independent Police Conduct Authority
BSA releases decisions on coverage of mosque attacks
By: Broadcasting Standards Authority
PM's Post-Cab 19/8/19: Bad Mail
By: The Scoop Team
Ongoing drug-test sanctions contradicts Govt’s rhetoric
By: Auckland Action Against Poverty
More measures to help those facing homelessness
By: New Zealand Government
Strategy launched to break the cycle of Māori reoffending
By: New Zealand Government
NZ Initiative praises Government for fiscal watchdog
By: The New Zealand Initiative
Ministry response to NZEI Te Riu Roa Ballot Result
By: Ministry of Education
Police repeatedly broke the law while investigating RawShark
By: Nicky Hager
Police response to IPCA findings
By: New Zealand Police
Hager case highlights threats to media indepdendence
By: Green Party
Help to stay in tenancies a 'critical' step on homelessness
By: RNZ
Government support for homeless a welcome step
By: Public Service Association
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media