The notification of Possession and Administration Coverage of Authorities Owned Establishments 2023 has been issued, the brand new coverage can be relevant to all Authorities Owned Establishments.
In line with the Ministry of Finance, it has been determined to make new recruitments in authorities establishments on contract foundation.
In line with the Ministry of Finance, the efficiency of the establishments can be monitored by making a central monitoring unit, the proposed unit will analyze the marketing strategy of the federal government establishments and provides suggestions.
The announcement of the Ministry of Finance stated that competent and skilled workers can be recruited within the Central Monitoring Unit.
In line with the declaration, a database of impartial board of administrators of those establishments can be ready, the coverage on authorities owned establishments can be up to date each 5 years.
In line with the Ministry of Finance, the federal government will maintain the management of strategic delicate establishments, all business authorities establishments can be step by step privatized, some establishments can be restructured and their future can be determined quickly.
In line with the declaration, the financially or operationally failed establishments can be declared as sick corporations, a plan can be ready for the rehabilitation, reconstruction and reorganization of such establishments.
