Finance Ministry signals tough measures for underperforming state enterprises

SOEs Told to Perform or Face Closure as Three Pay GH¢329m in Dividends

The government has issued its starkest warning yet to underperforming state-owned enterprises, telling them directly that the era of fiscal tolerance is over and that entities unable to contribute to national revenue face dissolution, even as three public companies delivered a tenfold jump in dividend payments that officials described as…

Finance Ministry signals tough measures for underperforming state enterprises

The Deputy Minister for Finance, Thomas Nyarko Ampem, has called on State-Owned Enterprises (SOEs), to improve performance or risk dissolution. ?Speaking on behalf of the Finance Minister, Dr. Cassiel Ato Forson, at a meeting with core stakeholders of State-Owned Enterprises and Specified Entities under the theme, Leveraging Public Assets For Shared Prosperity, Mr. Ampem said […]