The Minister for Finance has initiated a vital fiscal oversight measure by mandating that all Covered Entities deliver their Quarterly Commitment Control Reports (CCR) to the Internal Audit Agency.
This directive is designed to act as a rigorous financial safeguard, ensuring that public institutions adhere to strict commitment discipline and avoid any unauthorized spending. By requiring these regular updates, the government aims to bolster transparency and reinforce a culture of accountability throughout the public sector.
This enforcement is legally backed by the Public Financial Management Regulations of 2019, specifically Regulation 230(1)(b), which grants the Minister the authority to publicly identify institutions and spending officers who do not meet their reporting obligations.
Consequently, the Ministry has published a comprehensive list of compliant organizations, making it clear that any entity omitted from the list is currently in breach of the law. Public sector institutions are strongly urged to finalize their submissions to prevent the imposition of administrative and regulatory penalties.
See full list below: