Table 14 Operators’ perspectives on the financial management of RPCs

Statement Excellent Good Needs slight improvement Needs improvement Non-compliance Not applicable
No. % No. % No. % No. % No. % No. %
The capital requirement is sufficient to utilize or maximize the operations of the RPC. 1 3.3 6 20.0 13 43.3 10 33.3
The simple financial management system is well established and documented. 7 23.3 18 60.0 4 13.3 1 3.3
The monitoring and reporting systems on the financial status of the KOICA RPCs are updated. 8 26.7 15 50.0 7 23.3
Regular financial planning and budgeting are done by the management team. 8 26.7 12 40.0 9 30.0 1 3.3
Financial reports have been verified/audited for the accuracy and quality of the information. 10 33.3 14 46.7 5 16.7 1 3.3
KOICA RPC, four modern Rice Processing Complexes.