COVID-19 Response and Recovery Joint Review: Corporate Services
Launch date: 20/03/2020
Review status: Review started
What is the review about?
Since March 2020 the Panel has been actively monitoring Government activities within its remit in relation to COVID-19. This includes all related activities of the Chief Minister and the Minister for Treasury and Resources.
As part of its ingoing work, the Panel, along with the Economic and International Affairs have launched a joint review focussing on the Government's COVID-19 financial preparations, response and recovery strategy. The Panels are keen to hear the views of Islanders, business owners, economists, business leaders and sector specific associations on the challenges they have faced and are facing as they look to the future.
As such, the Panels are keen to gather evidence regarding the support that will be required for a successful economic recovery and for ensuring the effective use of public finances.
The COVID-19 pandemic has caused Jersey's Government to make substantial decisions which impact lives, the economy, international affairs and public finances in the short, medium and long terms. The Corporate Services and Economic and International Affairs Panels have identified collaborative opportunities within their work streams for a joint scrutiny review which will enable a more productive use of resources.
The joint review will focus on the effectiveness, cost and sustainability of the emergency actions and financial interventions of Government in response to the pandemic. The Panels will also evaluate the potential impact and resilience of Government decision making in the short, medium and long terms for personal finance, the economy, international trade and public finance.
Terms of reference
Undertake an in-depth review of the Government's decision-making processes regarding the preparation, response and recovery phases of COVID-19 (COVID-19 phases) considering:
whether the current and future use of Public Finance is consistent and meets the requirements of the Public Finance (Jersey) law 2019;
sustainability and suitability of emergency response structures and levels of resourcing, of all forms, allocated to COVID-19 phases being sufficient or excessive to meet stated aims;
the initial impact on Public Finance, due to the response of Government to COVID-19 phases, in relation to departmental budgets, programs and capital projects;
lines of accountability for the use of Public Finance during COVID-19 phased response.
any other matters the Panel believe relevant to the review within its remit.
Recovery Plan 2021-24
Review the Recovery Plan regarding the replenishing of Public Finance due to COVID19 considering:
the income raising proposals;
how spending will be funded;
how Government expenditure has evolved;
individual departmental budgets and their feasibility;
the viability and deliverability of capital projects;
efficiencies being sufficient or excessive to meet stated aims;
payback borrowing plans to Public Finances being sufficient or excessive. Financial, economic and growth forecasts
the levels of income against expenditure;
the assumptions made for the economic forecasts;
the impact of the financial and economic forecasts in Recovery Plan;
timeline to replenish the Strategic Reserve and the source/s from which it will be replenished;
the economic sustainability of Recovery Plan.
Design and implementation of the Recovery Plan 2021-24
allowance is made for the deficit in 2021 and beyond the period of the Recovery Plan;
reserves; their use, and how they are allocated;
fiscal soundness of the Government's recovery plan.
the fast-changing nature of the COVID-19 pandemic, the Panel may also need to
consider any other matters it believes relevant to the review within its remit.