{"id":82572,"date":"2015-01-15T08:35:28","date_gmt":"2015-01-15T08:35:28","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=82572"},"modified":"2015-01-15T09:14:24","modified_gmt":"2015-01-15T09:14:24","slug":"economists-react-moves-withdrawal-subventions-state-agencies","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2015\/01\/economists-react-moves-withdrawal-subventions-state-agencies\/","title":{"rendered":"Economists react to moves to withdraw subventions to State agencies"},"content":{"rendered":"<p>The Head of Finance Department of the University Of Ghana Business School Dr. Godfred Bokpin is demanding for a comprehensive plan to ensure the viability of government&#8217;s plan to withdraw subventions to some State agencies.<\/p>\n<p>&#8220;I do not see anything wrong with taking off some of these institutions provided the right exit strategies have been put in place&#8221;, Dr. Godfred Bokpin said.<\/p>\n<p>The Ministry Of Finance and the Fair Wages and Salaries Commission are leading the implementation of plans to wean off eight sub -vented agencies to cut down on the wage bill.<\/p>\n<p>According to reports, government is expected to save close to 25 million cedis when the policy is fully implemented.<\/p>\n<p>[contextly_sidebar id=&#8221;6DlvzOWyZTuCEaIyQkiz0xjRfsUOI4GF&#8221;]Speaking to Citi Business News Dr. Godfred Bokpin said the policy will only be successful if the capacities of the affected agencies are properly developed to withstand the shocks.<\/p>\n<p>&#8220;Have these institutions themselves been given enough time to be able to adjust in terms of internal restructuring to improve efficiency and effectiveness and overall productivity&#8221;, he queried.<\/p>\n<p>&nbsp;<\/p>\n<p>By: Rabiu Alhassan\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Head of Finance Department of the University Of Ghana Business School Dr. Godfred Bokpin is demanding for a comprehensive plan to ensure the viability of government&#8217;s plan to withdraw subventions to some State agencies. &#8220;I do not see anything wrong with taking off some of these institutions provided the right exit strategies have been [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[21,4],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Economists react to moves to withdraw subventions to State agencies  - Citi 97.3 FM - Relevant Radio. 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