Saturday, April 04, 2009
Funded to fail

meekaaku raises a very good issue in response to the 'e-BULL' post on this blog. How does the government manage to fund failure after failure? Where does the money come from? Can the treasury really say that the budgets dispensed are well-thought-out. Why do international monetary funds keep pumping money into a black-hole? Why is the anti-corruption bodies or the auditor general only publishing politicized investigations whilst avoiding real issues such as wastage in millions of dollars by NCIT and other similar bodies?

1 comment:

meekaaku said...

Thats what happens to government institutions compared to the private sector.

When a pvt company is inefficient due to wasting money or whatever, they go bankrupt for good.
When a government institution fails at its task, they get more funding! The excuse will be lack of staff, lack of funding blah blah.