What are some of the benefits of the privatization process to the government

[Stardom22]

Reduction in government expenditure-. The government will cease making losses by the corporation
Avoidance of political interference- No room for a point of unqualified managers on political grounds

 

[misha]

Privatization is good atleast the customer would be satisfied..here in government sector for one work we have to come to there office couple of times..very lazy people...

 

[Starmix]

For the employees their salary will be incremented. Privatisation gives better incentives but for the government there's surety.

 

[Niyi Briggs]

It releases government funds that would have been used to fund the organization. It also takes off the burden of responsibility from government.

 

[cherry123]

Reduction in government expenditure-. The government will cease making losses by the corporation
Avoidance of political interference- No room for a point of unqualified managers on political grounds

It is a source of revenue to the government. They sell the firm out And money is made

 

[eldavis]

One major advantage of privatization in government is that it could lead to higher quality in terms of productivity and as well specialized hands handling these areas for better results.

 

[IB D]

The government would not be spending huge amount of money trying trying to run a business organization that sometimes they don't get any revenue from.

 

[cherry123]

Yeah it takes off the burden of financial responsibility from government because the government funds that would have been used to fund the organization will be channel to other sources

 

[flower]

There is huge benefit in privatization process for the government because it will be run like in business profit oriented organisation.

 

[IB D]

And above all, privatization takes away the burden of government having to manage an organization trying to make it work. And most times, it doesn't even work because government can't really supervise the managers.

 

[uptrendfinancialsignal]

Privatisation is very important sometimes because it will drive the economy.

 

[Etini Willie]

Privatization would lead to economic growth as the private industries would enhance efficency which can lead to increased production. It also lifts the burden of running organizations from the shoulders of government.

 

[Blessed19]

Privatization is good atleast the customer would be satisfied..here in government sector for one work we have to come to there office couple of times..very lazy people...

This is actually my problem with going to a government-owned factory company on business as the workers don't even show up most times at their place of work and still get paid which is pretty annoying to be honest but it privatised ownership and things will not be the same as it is with a government ownership.