LETTER: SOEs have to change their models to survive
The government will need to play an active role in those that are deemed critical to the economy
08 September 2020 - 17:57
The continued bailout of state-owned enterprises (SOEs) is unsustainable. There is a great need to develop comprehensive strategies that will enable their continued survival.
This is a changing world. We probably need to rationalise and decommission some of those entities that are no longer necessary to drive government strategy. It will also be essential that the government as a shareholder supports those that are deemed critical since they could help grow the economy...
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