2018/19 Budget Communication 2018_2019 BUDGET COMMUNICATION | Page 26

selected SOEs and Authorities and to create a roadmap with
respect to best options for those SOEs and Authorities
becoming self-sustaining entities.
Specifically, the work
will entail the creation of a detailed strategic approach to
cost rationalization and cost recovery for select SOEs
consistent with global best practices for similar agencies in
similar jurisdictions. As well, the contract will call for the
development
of
the
modalities
to
permit
suitable
Government in-house professionals to be able to undertake
similar strategic reviews of the remaining SOEs and the
requisite training and support of the identified professionals.
Enhanced Accountability and Transparency
at the Ministry of Finance
We are, as well, pursuing measures to strengthen the
accountability and transparency of the Ministry of Finance,
including the recent creation of two new senior positions
23