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Give Reasons for privatizing public corporations.

      

Give Reasons for privatizing public corporations

  

Answers


gideon
To improve efficiency in their operations.
To generate revenue to the government through sale of shares and taxes.
To enhance competition.
To increase public participation in economic activities of the country.
To reduce government expenditure.
To comply with conditions set by development partners and international donor
agencies.
To enable the government to concentrate on other state responsibilities.
To minimize political interference.

-Reduces government expenditure
-Leads to efficiency in management
-Attracts foreign investors
-Promotes invention and innovations
-Reduces political interference in the economy
-Promotes accountability and reduce corruption
-Helps the government to raise revenue
-Leads to production of high quality goods and services
-Leads to the production of a variety of goods and services
gideon1 answered the question on September 23, 2017 at 17:48


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