A.D.B’s REPORT ON STATE-OWNED ENTERPRISES LAUNCHED SOON
The Asian Development Bank logo. Photo credit: ADB.
ADB’s report on strategies to guide reforms in state-owned enterprises in the Solomon Islands and other Pacific island countries will be officially launched in Honiara this Wednesday.
The report will be launched during the Solomon Islands State-Owned Enterprise Forum.
It will also highlight the importance of finding the right balance between public and private sector roles. Its Solomon Islands launch will discuss the report’s findings and recommendations in relation to the performance of Solomon Islands.
Its Solomon Islands launch will discuss the report’s findings and recommendations in relation to the performance of Solomon Islands.
These will include the turnaround in Solomon Islands SOEs return on equity over last five years from an average loss of 11-percent between 2002-2009 to an average return of 10-percent in 2010-2012.
The Forum will also discuss the Government’s SOE policy, financial management issues, compliance with the SOE Act and regulation, as well as broad reform objectives.
It will be opened by the Minister of Finance Snyder Rini followed by an hour presentation from by Richard Prebble, former Minister of SOEs in New Zealand and ADB SOE specialist Laure Darcy.