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    Bank of Ghana widens its scope on cryptocurrency

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    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

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    BoG Deputy Governor chairs advisory board of UG’s College of Humanities

    GEXIM CEO is one of Ghana’s 100 most influential business leaders

    Zenith Bank Ghana wins premium quality West African banking brand of the year 2021

    GIPC and GSE sign MoU to attract more investment into Ghana

    Appolonia City unveils its first commercial building; Adumuah Place

    Dr. Ampabeng advocates consolidation of road taxes into fiscal policy

    WAPCo commits to cleaner and reliable energy

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    We’re ready to re-engage gov’t on acquisition of Vodafone shares – Telecel

    New deadline for SIM re-registration too short – MoMo agents association

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    Vodafone agrees sell stake in Ghana’s business to Telecel

    Telecoms Chamber and IIPGH advocate sustained coding education

    IIPGH to enter coding education partnership with Telecoms Chamber

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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

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IIPPM to help reduce waste in public sector

bycitibusinessnews
April 30, 2017
in Local Economy, Top Stories
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The International Institute for Productivity and Public Management (IIPPM), an organization aimed at increasing productivity in both public and private sector institutions has announced measures aimed at reducing public sector waste.

According to the organization, it will provide relevant data on all public institutions through comprehensive research to help them operate efficiently.

In an interview with Citi Business News, the Founding President and CEO of the institution, Mr. George Smith Graham said it will present its findings to government to help improve public sector works.

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“We will present our findings to government for them to use it in running the public sector institutions,” he said.

He explained that the research that will be conducted will address different institutions and the challenges they face.

“Every institution is different and we need to move away from the thinking that every institution requires the same approach to increase their productivity and that’s what our research will also focus on,” he said.

Mr. Graham spoke to Citi Business News at the launch of the International Institute for Productivity and Public Management.

As part of the launch the institute in collaboration with FirstBanC and Strabsnet organized the maiden colloquium on productivity and public management, dubbed “Moving Ghana to a Higher Middle Income Economy: The Role of a Productive Workforce”.

As part of the findings of the colloquium, Ghana passed the World Bank classification of economies from a lower income country to a middle income country in 2011.

The findings also pointed out that Attaining the middle-income status is not an end in itself: but sustaining growth and making great strides towards a higher-middle income status must be the supreme goal.

It maintained that  Ghana is still positioned at the lowest ebb of the middle-income category while her counterpart African countries like Botswana, South Africa, Angola and Gabon have already climbed to a higher middle-income status, making them comparable to countries like Malaysia and Singapore.

“With a Gross National Income (GNI) per capita of $1,820 as of 2015, the country still grapples with the challenge of low human capital development and extensive gaps in resource management,” it said.

It recommended that to propel the economy to next level of its social and economic transformation, there is the need to pay critical attention to productivity enhancement practices through; human capital development, management of national resources, accountability of public sector workers, effective development of private enterprises and reduction in corruption.

The colloquium also unearthed techniques of productivity enhancement as well as the resolution of pertinent issues in both public and private spheres through empirical studies.

–

By: Anita Arthur/citibusinessnews.com/Ghana

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