Reporting on capital investments

Credibility of the capital expenditure/investment plans in the annual budget (%)

Measures the percentage difference between the planned capital expenditure in the original annual budget bill as adopted by the parliament and the outturn of actual capital expenditure. The analysis is carried out based on the data of the three most recent years. The average variance in the last three years needs to be within the specific range. Points are allocated based on the average variance of the planned capital expenditure in the original annual budget bill and the outturn of the actual capital expenditure of the last three years (x): • x > 20% = 0 points. • 5% < x ≤ 20% = linear function. • x ≤ 5% = 4 points.

The total cost of major investment projects are monitored and reported on quarterly

Review of in-year monitoring reports and annual reports to assess the level of reporting on the cost and physical progress of major investment projects.

The physical progress of major investment projects are monitored and reported on quarterly

Review of in-year monitoring reports and annual reports to assess the level of reporting on the cost and physical progress of major investment projects.

The total cost and physical progress of major investment projects are monitored and reported on annually

Review of in-year monitoring reports and annual reports to assess the level of reporting on the cost and physical progress of major investment projects.

The annual financial report or a separate report provides information on the implementation of capital investment projects

Review of the annual financial report or relevant separate reports published on the MoF or government website to ensure that the report contains details of capital expenditure.

The annual financial report or a separate report explains variations from the original budget allocation for capital investment projects

Review of the annual financial report or relevant separate reports published on the MoF or government website to ensure that the report contains details of capital expenditure.