Govt told clearer objectives needed for farming SOE Landcorp
NBR's OIA request reveals Treasury recommends a performance-based dividend policy to improve transparency and accountability.
The Treasury said Pāmu had been subjected to inconsistent objectives from shareholding ministers over its farming operations.
The Treasury has expressed concerns about the Government’s farming business Pāmu – the brand name for Landcorp Farming – saying it is a challenge to assess how well it is doing.
In a draft letter of expectations to the State-owned enterprise, Treasury suggested the key messages include the
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