The 2010 budget statement has indicated that the consolidated gross income of the Corporation increased from D268.7 million in 2007 to D502.05million in 2008 while recurrent expenditure increased from D98.7 million to D255.33 million. Thus, the corporation recorded a consolidated Net Surplus of D97.1 million. Total Net Assets grew from D3.09 billion in 2007 to D3.5 billion in 2008.
MD Danso explained that a couple of years back the Corporation was also promoted by the government from being category three institution to category one institution.
He said in terms of corporate governance, they continue to manage the affairs of the Corporation to the best of their abilities.
“All these has gone to demonstrate that the Corporation is in good stead in terms of performance, in terms of how government things about us,” the Managing director noted. “So I will definitely urge the managers of different section of the Corporation to ensure that they keep up the strength to make the Corporation reaches higher heights.”
He said: “We want to make sure that we keep ourselves involved in all the best practices just like it is done in other advance countries. I believe if other countries can do it, we in Africa can also improve on our system.