Investor Presentaiton
Key Changes to Processes as a Result of the Adoption of the
Steps
Ministry evaluation of the
entity PSIP budget
submission
NEW Guidelines
Description
For ongoing projects, Ministry must consider the
following when assessing submissions:
If initial approval objectives are being met within
agreed funding levels;
Compliance with PSIP ceilings and balance between
ongoing & new projects;
Performance
reviews;
information coming from regular
The results of special evaluations; and
Content of entity budget submission.
Parliament approval of The Ministry, through the Minister responsible for the
entity PSIP budget
PSIP budget publications
by entity and Ministry to
include ongoing projects
presentation of the full PSIP to Parliament for final
approval (as part of normal budget announcement)
Once approved by Parliament, two
publications to be released:
PSIP-related
1. Entity publication (all PSIP projects within entity
for both new and ongoing); and
2. Ministry publication covering all entities in the full
PSIP (new and ongoing) - either as a new stand-
alone document or part of the annual budget kit.View entire presentation