Public enterprises reform program
The public enterprises reform program was established with the following goals :
- Government to withdraw from sectors operated efficiently by the private sector while retaining its responsibility as a prudent regulator to ensure social equity and fair competition in the new circumstances.
- Rationalize Government’s investments in Public Enterprises and restrict itself to areas in which its intervention is needed.
- Government to be sensitive to hardships caused by privatization and address such issues through a safety net program.
- To ensure that its agencies & Public Sector Undertakings work more efficiently.