Reporting by 8 largest State Owned Enterprises (SOEs) on their financial performance to the SOE unit at Ministry of Finance for the quarter January–March 2013.
Introduced at R0. Justification: Improve monitoring of public sector contingent liabilities and total public sector borrowing. (Target date - by the second review). At R1, On-track. SOE Unit has been set up and is being given TA to prepare for this reporting. At R2, Met. SOEs have commenced regular reporting of their financial performance to MoF’s SOE unit (quarter ending in March 2013 included). Instead of eight as stated in the benchmark, eleven have reported.