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No. of state-run agencies to be reduced for better efficiency
No. of state-run agencies to be reduced for better efficiency
EconomyAug 18, 2022
SEJONG -- The number of state-run agencies are expected to be reduced substantially under a government plan to streamline efficiency and performance.  The Ministry of Economy and Finance on Thursday proposed a total of 42 institutions, or 32 percent of the nation’s 130 government-affiliated institutions, to be converted into “a third group” public agencies with more autonomy and responsibility.   Currently, those with assets worth 1 billion won ($757,000), a yearly earnin