Thursday, November 5, 2009

The Ultimate Red-Tape Machine

That would be a fitting name for the Empowerment Foundation which had blazed some new trails last year by... changing its name from the Empowerment Fund. That's because after 3 years in operation it has spent only Rs800 million instead of the Rs3 billion pompously announced by you know who. That's barely more than a quarter of the budgeted amount in case you're wondering.

The unspent Rs2.2 billion has gone towards reducing the deficit and debt-to-GDP ratio as per standard bean-counting practice. For sure it hasn't meant lower wastage levels. Nope. The damning government auditor's report constantly reminds us that this is yet another area where Sithanen has miserably failed to deliver - he referred to it as the bloody report in 2005 and promised to wage war against the Rs5 billion that's wasted every year.

It would be also interesting to find out about the administrative costs of this foundation and compare them to traditional public service delivery.

3 comments:

Sanjay Jagatsingh said...

We don't hear a lot about this bean-counting tool anymore.

Sanjay Jagatsingh said...

Enn lot kut lepe dan dilo.

Sanjay Jagatsingh said...

7 years later after the name change unending layers of delaying tactics -- see as from page 12 -- are being used to tackle poverty in a way that doesn't work.

7 years is also how long Sithanen said in 2007 (when he was 53) it would take to eradicate poverty. He recently pushed the new deadline to 2032 (when he'll turn 78).