The Ministry of Finance has escalated its enforcement of fiscal reporting obligations. The ministry's Compliance and Enforcement Committee has formally summoned the heads of public institutions that failed to submit their mandatory Quarterly Commitment Control Reports (QCCRs) for the third quarter of the 2025/2026 financial year, which ended on December 31, 2025.
According to a public notice from the ministry, the failure to submit these critical reports constitutes a breach of the Public Finance Management Act, 2015, and its regulations. The QCCR is a key tool for monitoring budget implementation and controlling expenditure commitments by government entities.
The summoned institutions are required to appear before the committee to explain the reasons for the non-compliance. The ministry has stated that appropriate administrative and legal actions will be taken against the defaulting entities, underscoring its commitment to fiscal discipline and transparency in public financial management.
