TO SAVE MONEY, THE GOVERNMENT SHOULD MERGE MASLOC, YEA, AND OTHER AGENCIES, ACCORDING TO STEPHEN AMOAH.
Stephen Amoah, a member of Parliament's Finance Committee, has urged the government to cut off some state-owned entities that have outlived their usefulness in terms of cutting spending
He argues that organisations like the Microfinance and Small Loans Centre (MASLOC), the Youth Employment Agency (YEA), and the National Entrepreneurship and Innovation Programme (NEIP) can be consolidated because their mandates appear to be similar.
On JoyNews' Newsfile on Saturday, Nhyiaeso MP Samson Lardy Anyenini argued that some public institutions are not productive to the state and should be scrapped to save the country's economic resources. "I believe we should examine state-owned agencies." For example, I am opposed to the use of NEIP, YEA, EYA, and MASLOC. They appear to offer the same services. The government can combine them and save money by reducing overhead, infrastructure, and other expenses.
"I believe our administration should pay attention to some of these positive aspects and make adjustments as soon as possible." If I had my way, I'd put all deputies on hold - not ministries, but state agencies," he said.
Some state departments, he claims, have no business keeping deputies "because we can't get the productivity we need from them." "The economy is a function of labor size and productivity."
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