Investments

Responsible for: -

1. The operational matters including loan recording, on-lending agreements, GOK Guarantees and safe custody of Public
Enterprises debt agreements.

2. Reconciling of DGIPE loan records with Public Enterprises records

3. Liaising with Public Enterprises external creditors and other departments and Ministries on behalf of the Investment Secretary.

4. Reconciliation of revenue receipts with individual Public Enterprises records, parent Ministries  and Appropriation accounts in Treasury.

5. Preparation of revenue recovery reports in consultation with the monitoring and supervision section of DGIPE as regards
revenue receipts and PE debt servicing.

6. Responding to audit queries on the departmental statements

7. Preparation of revenue estimates for revenue items under the Investment Secretary

8. Represent the Investment Secretary in the Public Investments Committee deliberations

9. Preparation of the annual budget proposals for DGIPE.

10. Any other duties as assigned by the investment secretary.

State Corporation indebtness to the Government as a percentage.

 

Ministry

Percentage of the Total
Amount Lent

Percentage
of The Total
Amount Repaid

Percentage
of the Total
Amount Outstanding as at 30 th June 2006

1

Finance

1.623%

0.990%

1.728%

2

Office of the President

0.004%

0.022%

0.001%

3

Agriculture and Rural Development

8.313%

9.719%

8.078%

4

Local Government

10.469%

0.894%

12.068%

5

Trade & Industry

1.858%

1.029%

1.996%

6

Tourism And Information

0.255%

0.176%

0.268%

7

Transport and Communication

23.316%

45.720%

19.274%

8

Roads & Public Works

3.942%

1.274%

4.387%

9

Environment & Natural Resources

0.860%

0.396%

0.937%

10

Energy

49.192%

39.484%

50.813%

11

Lands & Settlement (SFT)

0.171%

0.296%

0.150%


Ongoing Activities

The Government has decided to adopt the Commonwealth Secretariat Debt Recording and Management System (CSDRMS) to computerize the database


New Developments

Capturing of the on lending data base on a CS-DRMS 2000+ platform