Establish, with support of the World Bank staff, a transparent and well defined corporate governance framework for SOCBs including (i) a sound ownership policy, (ii) adequately staffed ownership unit and (iii) a transparent operational framework for SOCBs’ supervisory boards that is in line with international good practices and DAB’s relevant regulations. Promulgate through the issuance of a Presidential order.
Rationale: improve governance of public assets.