Investor Presentaiton
Key Changes to Processes as a Result of the Adoption of the
NEW Guidelines
Steps
Identify new projects
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Preliminary research and
analysis
Review of funding
options
MTFS
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including
Budget entity prepares
screening note
Agreement on funding
arrangements for costs
of appraisal (must be
before appraisal starts)
Publication of Pipeline of
cleared Phase 1 Projects
Description
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This remains the responsibility of budget entities.
Budget entities to identify new projects with
strategic fit to national priorities and available
funding.
The budget entity will undertake the research and
analysis and can also involve partnerships between
budget entities or development partners.
Other ministries may be co-opted to assist with
preliminary research and analysis (e.g., land
tenure, environment, technical engineering, etc.).
Initial identification should consider whether new
funding needed for the project is realistically
forthcoming, considering fiscal limitations under the
MTFS.
The core objective is to consider if the proposed
project warrants a detailed appraisal study.
Screening notes can be submitted any time during
the year or subject to Ministry periodically advising
of specific lodgement dates.
The Budget & Planning Division will evaluate and
decide on screening notes.
Standard evaluation criteria drawn from the
screening note template will be used.
Appraisal for smaller investments should be
conducted in-house by budget entities; however,
larger projects may require a budget to undertake
detailed assessments such as EIA, disaster risk
assessments, economic analysis etc.
The cost of such studies must be indicated in the
screening note for Ministry clearance.
Following the passing of the budget, each entity is
to publish a detailed list of all potential entity
projects that have received Ministry clearance at
the screening stage (Stage 1).
Ministry to publish a consolidated national list of all
potential projects cleared through Stage 1
screening.View entire presentation