Be interested in all SOEs, not just a few – Minister urges Ghanaians
Published:
3 months ago
Source:
3News
Public Enterprises Minister Joseph Cudjoe has urged Ghanaians to take an active interest in the performance and profitability of all State-Owned Enterprises (SOEs), rather than focusing on just a few.
"There are 175 Specified Entities including 53 State-Owned Enterprises (SOEs) owned by the state and being funded with your taxes," he said.
"Unfortunately, all you hear people talk about is ECG, COCOBOD, TOR and PBC. These are only four out of the 175. The number is so insignificant, for anyone who is interested in accountability," Joseph Cudjoe emphasized. He highlighted the importance of proper management of taxpayer funds, stressing that the profitability of SOEs directly impacts the growth of public investment.
"Your taxes should be managed well. Your taxes get invested in State Enterprises; if they report profits, your taxes invested are growing.