Government will make public enterprises functional and responsive for national development – Public enterprises minister assures
Published:
1 month ago
Source:
GhanaWeb
The Minister for Public Enterprises, Joseph Cudjoe, has assured the media that the government will continue to enhance corporate governance structures to make Specified Entities (SEs) functional and responsive to national development. To achieve this, he hinted that the government has developed and is implementing the State Ownership Policy (SOP) framework to strengthen corporate governance within specified entities in Ghana. The Minister made these assertions at the Ministers' Press Briefing in Accra, on Thursday, August 15, 2024.
"The laws governing public enterprises and their performance require that they do report so that they can be overseen well. Reporting is done to Parliament and SIGA and indirectly to myself for onward presentation to Parliament," he stated. Cudjoe reiterated that the government has implemented various initiatives, including establishing the State Interests and Governance Authority (SIGA) and developing a State Ownership Policy (SOP) framework.
"The State Ownership Policy (SOP) framework was introduced to provide guidance to Specified Entities (SEs).