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

Police officer should not have engaged in pursuit
By: Independent Police Conduct Authority
Targets overlook the 174000 children living in worst poverty
By: Child Poverty Action Group
Guidelines needed to avoid risks in government AI use
By: University of Otago
Pike Families welcome opening of drift
By: Pike River Family Reference Group
New design offers certainty for walking and cycling harbor
By: New Zealand Transport Agency
Climate Change Response Bill – James Shaw Speech at reading
By: New Zealand Government
More unsold Kiwibuild houses bought by govt
By: RNZ
IPCA report into fatal fleeing driver crash
By: New Zealand Police
Targets set to help break the cycle of child poverty
By: New Zealand Government
PM breaks another commitment on early intervention
By: New Zealand National Party
Deepfake and the law - Expert Reaction
By: Science Media Centre
Pike River Re-entry
By: New Zealand Government
Long Awaited Re-Entry to Pike River Mine
By: New Zealand First Party
Families witness as Pike River mine re-entry attempt begins
By: RNZ
Pike River re-entry attempt planned for tomorrow: families
By: RNZ
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media