MONITORING & EVALUATION
The Act mandates the Board to monitor the use of any money disbursed from the fund. This require strict auditing of both financial and non-financial performance. Performance reports are usually received for every quarter and at the end of each year on the months and dates entrenched in the Public Financial Management Act. (Act 921, 2016). Reports received by the Secretariat in this regard are examined and forwarded to the Board for approval. This is followed by a field visit to ascertain physical status of work.
Recommendations, suggestions, and any other new developments are communicated to the Minister for policy development and formulation to improve the mining sector.