GOVERNMENT PORTFOLIO MANAGEMENT UNIT
Government Portfolio Management Unit (GPMU) is mandated to ensure that Government Investments are managed to achieve Government’s strategic objectives and provide a reasonable return from financial, corporate governance and socio-economic outlook while complying with the legal obligations.
2. GPMU Objectives
2.1 .Main objective
Promote corporate governance and risk management in Government Business Enterprises (GBEs) by strengthening financial and accountability discipline within public enterprises and ensuring optimum government investment portfolio to enhance sustainable economic development.
2.2. Specific objectives
(i) Ensure that there is a strong corporate governance framework in public enterprises by strengthening the performance and the competence of the Board of Directors;
(ii) Reinforce risk management practices across all Public Enterprises (PEs) to ensure effective and efficient use of public resources;
(iii) Ensure that there is a robust and sound financial management and reporting system in public enterprises;
(iv) Advise the Minister of Finance and Economic Planning on the Public Enterprises to be privatized and on the methods to be used;