Asian Development Bank’s Pacific Private Sector Development Initiative

Privatisation of SOEs will stop political influence: ADB

Russel, who is a SOE expert with the Asian Development Bank’s Pacific Private Sector Development Initiative (PSDI), made the comment this morning. This was during the launching in Port Moresby of the Finding Balance 2016 Report: Benchmarking the Performance of State-owned Enterprises in Island Countries.         

The Report compares the financial performance of SOEs in Fiji, Kiribati, Marshall Islands, Papua New Guinea (PNG), Samoa, Solomon Islands, Tonga and Vanuatu, as well as Jamaica and Mauritius.