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This Bill aims to reform the governance of the use of public resources to ensure transparency and fairness in the allocation of funds.

Some of the key changes outlined in the Bill include:

1. Setting objectives for grants administration
2. Requiring guidelines, policies and controls for grants programs
3. Mandating that grants achieve value with relevant money, effective and efficient governance and accountability.
4. Introducing reporting to the Parliamentary Joint Committee on Grants Administration and Investment Mandates.
5. Emphasizing the need for transparency, efficiency, and effectiveness.
These proposed changes aim to address concerns related to pork barrelling, enhance transparency in grant allocation, and improve the overall management of public resources.

Some of the key impacts of the Bill on these processes include:

1. Enhanced Transparency
2. Improved Accountability.
3. Strengthened Governance
4. Compliance monitoring and enforcing compliance.
5. Guidelines ensuring consistency and adherence to best practices.