Record the fiscal cost of non-commercial obligations (including subsidies) for SOEs in the central government budget, starting in 2017.
Introduced at R0. At R2, not met, implemented in effect for major SOEs. The 2017 budget did not report the cost of the noncommercial obligations. Nonetheless, the Statement of Corporate Intent includes information on noncommercial obligations of the respective SOE. Therefore, the benchmark has been effectively fulfilled since the SCIs for the 5 large SOEs were published in April 2017. Publication of the non-commercial obligations is built into the benchmarks for the 2018 and 2019 budgets.