The Government has considered the establishment of
a trading fund for WSD. The trading fund arrangement
is borrowed from public sector reforms in the UK. Under
the 1973 Trading Fund Act, trading funds were set up
for a number of government departments in the UK for
self-provision of finances. Examples include Royal Ordnance
Factories, the Royal Mint, and HMSO (the UK
Government’s stationery office). These departments
were given trading fund status with the aim of making
them more commercial in operation. Under the trading
fund arrangement, management is still accountable to the
Minister and the employees remain civil servants. However,
they have their own accounts and the operations
of the organizations are financed by trading receipts. It
is argued that this arrangement has provided a greater