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November 23, 2006

Tuvalu Provident Fund has high hopes in Medical Loan

By Lina Malaki

A specialized consultant is now in the capital to carry out the system auditing in the Tuvalu National Provident Fund for a period of ten days.

According to the General Manager, Mr Penielu Teo, Mr Peniela Taui is a consultant from the Software Factory Limited based in Suva specialized in auditing the systems/data. Mr Taui will carry out the system auditing of data used in the Tuvalu Provident Fund Accounts.

Mr Teo added this was a request made by the office for a consultant to carry out the task of finding out the best system to be used for the new Medical Loan Scheme to be implemented next year.

Mr Teo further added Mr Taui is expected to complete this task with a recommendation on what system the Fund should use to determine the growth of the medical loan fund.


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