Updated May 24, 2025 • 1-min read
Posted by Anonymous
May 23, 2025
1 answer
Posted by Anonymous - May 23, 2025
To me, it’s totally possible that the amcon board reconstitution could mess things up more than fix them. I get that new faces might bring new ideas, but whenever you shake up a whole board, there’s this awkward period where everyone’s figuring stuff out and projects stall. I’ve seen it happen at my school board—new team, big plans, but for a few months, it’s just talk and no action.
With amcon, the new board’s gotta learn where things stand and get up to speed on a million troubled loans. While the Finance Minister is asking them to recover assets faster, it might actually slow things down at first just because people have to adjust and decide who's doing what. There’s also this risk that if board members have competing ideas or agendas, they’ll waste time arguing instead of chasing down debts.
On top of that, some people say all this talk about transparency and big government plans just becomes an excuse to not make tough decisions. So yeah, I think there’s a real risk that things could drag out or get worse before they get better, even though everyone hopes it’ll go the other way.
Sign in to share your knowledge and help others.