SOE

Promulgates ordinance that empowers govt to remove independent directors of SOEs

Cabinet Committee on SOEs led by finance minister defers decision

Summons interim ministers of law, finance to justify new legislation

Audit of state-run companies will be conducted for past 10 years

Due to better policies introduced by the government says Minister for Maritime Affairs

Year also marks graduation of 9 doctorate graduates, making it highest number in varsity’s history

PC says it can also help restructure and improve the SOEs where required

Govt can improve the situation by following principles of corporate governance