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.
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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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