Sunday, November 10, 2024

Al-Sudani’s office reveals details of a meeting regarding the restructuring of public companies, 11 NOV

 Al-Sudani’s office reveals details of a meeting regarding the restructuring of public companies

Mawazine News – Baghdad

Prime Minister Mohammed Shia al-Sudani held a regular meeting of the Supreme Committee for the Restructuring of State-Owned Public Companies today, Sunday.
A statement from his office received by Mawazine News stated that “Prime Minister Mohammed Shia al-Sudani chaired today, Sunday, the regular meeting of the Supreme Committee for the Restructuring of State-Owned Public Companies, in the presence of the Ministers of Oil, Electricity, Transport, Trade, Construction, Housing and Public Municipalities, Agriculture, Water Resources, and Communications.”
The statement continued, “The meeting discussed the procedures and steps taken by the concerned authorities in light of previous decisions, as well as discussing the file of public companies offered for liquidation and their liquidation mechanisms, and the decisions supporting this process, and deliberating on the re-merger of a number of companies of the Ministry of Trade, in addition to discussing the reclassification of a number of companies of the Ministry of Water Resources.
” He added, “During the meeting, the progress made in restructuring the companies (Hammurabi, Ashur, Al-Faw, and Al-Farouq) affiliated to the Ministry of Construction, Housing, Municipalities and Public Works were reviewed.”
The statement added, “The meeting witnessed the approval of the minutes and recommendations of the second meeting of the subcommittee concerned with (supervising the process of classifying companies according to the categories stipulated in Decision No. 1 of 2024 of the State-Owned Public Companies Restructuring Committee.”


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