Submit to the Ministry of Justice (“Taqnin”) legislation bringing public enterprises under effective monitoring and oversight of the Ministry of Finance.
Introduced at R0, SB for the first review (R1). Rationale: Support fiscal sustainability and macroeconomic stability by enhancing controls and reducing fiscal risks. At R1, Draft amendments to the state-owned enterprise law have been shared with staff, and we will incorporate comments received. State-owned corporations will be addressed later this year (see new end-December 2012 structural benchmark).