Finance Minister directs ministries to categorize state-owned enterprises by May 20, reviewing retention of commercial functions within the public sector.

Finance Minister directs ministries to categorize state-owned enterprises by May 20. The categorization aims to review retaining commercial functions within the public sector, focusing on retaining essential functions and assigning others to the private sector. Categorized SOEs must be more competitive, accountable, and responsive to citizens' needs. Cabinet Committee on State-Owned Enterprises (CCoSOEs) oversees the process.

May 13, 2024
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