NCP's APPROACH TOWARDS REFORMThe NCP’s privatisation strategy is based on the need to balance its policy objectives which incorporate changes in government’s priorities and operational and financial constraints. A structured simultaneous dual approach has been adopted in implementing the privatisation programme-divestiture of small scale enterprises in competitive markets and parallel preparatory work for complex enterprises (e.g. Public utilities)
Each approach is sector related and facilitates;
- the privatisation of enterprises as part of sector reforms
- rational allocation of available resources
- optimal sequencing of the privatisation/restructuring process with knock-on effects in other sectors
- co-ordination with related initiatives across government
- focus on the absorptive capacity of domestic and international investor markets
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