November 29, 2022

It’s time to set practical disinvestment targets

The disinvestment tangle

It is time to set realistic disinvestment targets

There’s a debate on whether or not the goal for PSU disinvestment ought to be fastened at a extra practical degree. In a latest interview, the Secretary of the Division of Funding and Public Asset Administration acknowledged that the main focus ought to be on privatisation as a substitute of chasing excessive disinvestment targets.

He stated excessive targets result in a notion that the federal government will promote minority stakes in CPSUs, which are likely to result in a fall of their share costs. Fixing an unrealistically excessive goal achieves…

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