Department Of Policy & Coordination


Investment Development Section

a.

Economic Relation

i.

To prepare policy inputs on enhancing international cooperation in investment and economic programs.

ii.

To identify key/strategic issues on international investment and economic co-operation and prepare appropriate policy inputs.

iii.

To undertake selective study to develop policies and strategies in strategic areas relating to socio-economic development.

 

 

b.

Privatization

i.

To develop policy and implementation guideline on commercialization (privatization) program.

ii.

To coordinate preparation of policy and plan on privatization.


Research Support Unit

i.

To develop and manage data information system to support policy development function.

ii.

To compile acts, regulations and information relating to domestic economic policies and economic development programmes.

iii.

To assist in research and preparation of policy recommendations on socio-economic development.


Resource Development Section

There are 2 sub Section i.e.:-

a. Resource Management
b. Entrepreneurship Support

a.

Resource Management

i.

To assist in programs on planning, policy formulation and coordination for enhanced development of human resources.

ii.

To develop the Human Resource Fund Programme and its implementation guidelines.

iii.

To assist and conduct selective policy research related to strategic issues on human resource development.

b.

Entrepreneurship Support

i

Administers the Economic Development Board Financial Scheme For Small and Medium Entrepreneurs, with the main tasks:

•  to collect payment of loans in the scheme for safe return to the government
•  to monitor and coordinate for timely payment of loans by the borrowers
•  to liase with Attorney General's Chambers on recovering payment from defaulting loans
•  to prepare report on implementation of the scheme

ii.

To manage the Working Capital Credit Fund scheme, with the main tasks:

•  to monitor the performance and payback of loans in participating banks
•  to coordinate for return of matching deposits to the government by banks
• to evaluate and process bank's claims on government guarantees for payment
•  to coordinate with banks on recovery measures for defaulting loans
•  to compile data and prepare report on the scheme

iii.
To assess and make recommendations on applications for Miscellaneous Licenses as a member of the District Licensing Committee.
iv.
Serves as a member in the processing of applications for Registration of Company.

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