Throwing good money after bad?
An expert on State Owned Enterprises with the Asian Development Bank’s (ADB) Private Sector Development Initiative, Christopher Russell says the Samoan government’s experience with Polynesian Airlines shows that “they probably would have been better off if they just shovelled that money down the toilet.”
Russell made the comment at the Fiji launch of the ADB’s Finding Balance 2023 report, which benchmarks performance and building of climate resilience in Pacific State-Owned Enterprises (SOEs).
That report describes . . .
