The official version of this document can be found via the PDF button.
The below content has been automatically generated from the original PDF and some formatting may have been lost, therefore it should not be relied upon to extract citations or propose amendments.
States Greffe: Scrutiny
Deputy Susie Pinel
Minister for Treasury & Resources
By email
5th May 2021 Dear Minister
Corporate Services Scrutiny Panel
COVID Response and Recovery Review - Fiscal Stimulus Fund Public Hearing Request
The Panel have a number of questions following your letter of the 30th April 2021 regarding the proposed tranche two allocations of the Fiscal Stimulus Fund. Although these concerns often relate to specific projects, the Panel would like to understand in more detail the principles of proposed allocations to assist in its recommendation to you and to assist its COVID-19 Response and Recovery Review which is considering the decision making of Government finances and borrowing in response to the pandemic.
To allow open discussion the Panel has therefore agreed that it would be prudent to hold a public hearing to focus on the following aspects of the Fiscal Stimulus Fund:
• strategy and criteria definition,
• matching of projects to Common Strategic Policies,
• request management,
• project assessment and ranking,
• governance surrounding allocations,
• conflict of interest disclosures,
• suitability of allocations to private enterprises,
• sustainability of projects,
• guidance provided by the Fiscal Policy Panel report in relation to pressure on resources,
• accountability and reporting practices following allocation,
• how projects are being measured against economic growth in relation to spend by households and businesses in the short, medium and long term.
Given impending deadlines for tranche two recommendations, the Panel would appreciate it if your officers could revert to its officers and make the necessary arrangements in order that the Public Hearing can take place as soon as possible.
The Panel also wishes to accept your offer of facilitating a meeting with the Fiscal Policy Panel, made in your letter of the 26 April 2021. These meetings have occurred in the past, with the attendance of the Chief Economic Advisor and the Panel would be grateful if the necessary arrangements can be made, again as soon as possible.
Yours sincerely
States Greffe | Morier House | St Helier | Jersey | JE1 1DD
T: +44 (0) 1534 441080 | Fax: +44 (0) 1534 441077 | E: statesgreffe@gov.je
Senator Kristina Moore
Chair, Corporate Services Scrutiny Panel
States Greffe | Morier House | St Helier | Jersey | JE1 1DD
T: +44 (0) 1534 441080 | Fax: +44 (0) 1534 441077 | E: statesgreffe@gov.je