parastatals

Definition

Organizations or agencies that are owned or funded by the government but operate with a degree of independence and their own corporate structure.

Etymology

The word is a blend of the prefix 'para-' (meaning beside or beyond) and 'state,' appearing in the mid-20th century to describe government-linked bodies that function alongside traditional departments.

In the news

Parastatals are listed alongside government ministries and agencies as key participants in the workshop, highlighting their role in the collaborative effort to implement health service delivery models.

Anambra, Three Others Join Global Fund Health Delivery Workshop

Voice of Nigeria

Related words