This table provides metadata for the actual indicator available from Vanuatu statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Vanuatuan statistics, this table should be consulted for information on national methodology and other Vanuatu-specific metadata information.
| Proxy |
Yes |
|---|---|
| Definition |
A state-owned enterprise (SOE) is a business enterprise where the government or state has significant control through full, majority, or significant minority ownership. |
| Concept |
• SOE’s place a heavy burden on Vanuatu’s economy. They absorb large amounts of scarce capital on which they provide very low returns, at the same time divert government resources away from vital social investments in health and education, and drive-up the costs of doing business where they are the sole service providers. Therefore, it is really important to identify the proportion of SOE’s who have already submitted their annual reports because it can be used as a measure for performances of the SOE’s which are aligned to the Government priorities. And also, to help with the reforms of State-Owned Enterprises in relation to their performances and the delivery of the services and support they provide to all citizens of Vanuatu. |
| Rationale |
To depict the number of SOE’s who have already submitted their annual reports to the board of directors for monitoring and evaluation purposes. |
| Frequency of Collection |
Annually |