Thursday, March 28, 2024 | Ramadan 17, 1445 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

CSEPF board reviews performance

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MUSCAT: The Board of Directors of the Civil Service Employees Pension Fund (CSEPF) held its fourth meeting this year under the chairmanship of Shaikh Khalid bin Omar al Marhoon, Minister of Civil Service and Deputy Chairman of the Board. The Board discussed a number of issues, including the draft budget of the operating and capital revenues and expenditures of the Fund for 2018 and approved them. The Board also reviewed the quarterly financial statements for the period ended September 30th 2017, as well as the adoption of the Fund’s Risk Management Manual.


The Board reviewed the performance indicators of the Fund, which included the cash flows and the position of the investments of the Fund in accordance with the approved investment plan for the current year and follow-up on the status of projects of the Fund being implemented. The Board also discussed the new amendments to the investment list and reviewed the follow-up report on the measures taken by the Fund’s management to follow up the implementation of the decisions and directives of the Board at the previous meeting and other decisions and recommendations. The meeting also discussed a number of other issues related to the work of the Fund on the agenda and took appropriate decisions in their regard. — ONA


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