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Showing results for tags 'restructuring of public companies'.
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Waiting for partnership 6/14/2017 0:00 D. On behalf of the Patriarchs Two years ago now issued an important study of the advisers in the prime minister under the title (the restructuring of public companies), answer us about what we should do public companies and what is its future ?, the importance of the study comes because it is issued by the highest executive authority in the country first, and because there are (157), a public company employs a total of 479 thousand workers Second, note that the number of winners of which companies only (44), almost half of the company is one of the oil companies and this means that the number of profitable production companies are very few and therefore, this file needs to treat . The study mentioned came above according to the decision of the Council of Ministers No. (34) for the year 2014, to update a previous study by the advisers to the reform of the public sector companies data and approved by the Council of Ministers Decision No. (314) for the year 2010, but the previous government was unable to implement it . The recent study pointed to the slow pace of many of the ministries concerned to provide the data required to update the study being of the obstacles that interface team 's response during the update process and the delayed release of the study to more than a year, and here must refer to two things raise the first surprising is the slow response despite the the fact that the request is directed from the highest executive authority !! The second one is the word (many) of the ministries that received any text that was not the slow response from the Ministry or two !! As long as the case so it is not surprising not to implement the new recommendations of the study also, however, the efforts did not stop but continued hope of reform of the public sector companies to take shape by a draft law for the partnership between the public and private sectors is still under preparation where it was almost held a panel discussion a week ago in the economic unit of the Office of the Prime Minister to discuss the draft of the said law. What I refer to him here that intentions alone are not enough and that the time represents the cost of economic terms, so we if we want economic reform success we must go by faster and only come a day will not be for these companies any value after disappearing assets entirely, and when that the private sector will not accept the partnership because they become devoid of economic feasibility.
