A delegation from the Asian Development Bank met with the Minister for Public Enterprise Aiyaz Sayed-Khaiyum and his Permanent Secretary, Shaheen Ali to discuss the technical assistance which they could provide with the divestment of government shares in various State Owned Enterprises.
The meeting is part of government’s efforts to renew engagement with the Asian Development Bank.
Sayed-Khaiyum highlighted at the discussions that partnerships with the ADB and other institutions such as the World Bank and International Finance Corporation will ensure that divestment processes in the country will be carried out to international best practices.
He said that this will provide maximum economic benefits for Fiji and all Fijians.
The delegation is expected to meet again with Public Enterprise officials and a trilateral meeting will be held subsequently between the Fijian Government, ADB, World Bank and International Financial Corporation.
Discussions on the updating of laws pertaining to public enterprises were also held.
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