Privatization Program definition
Examples of Privatization Program in a sentence
Throughout the implementation of the Project, the Borrower shall ensure the implementation of its Privatization Program, including fair and transparent market-based tendering procedures and implementation of contracts for sale between the Borrower and private sector purchasers.
The following event is specified as an additional condition to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions, namely that the Privatization Program, satisfactory to the Association, has been adapted by the Parliament of the Borrower.
Another concern relating to the Privatization Program in Egypt is the valuation process.
In order to solve the problem of excess labor without causing a social dilemma and to insure the continuation of the Government Privatization Program, the authorities developed a system of Shared Decision Making to make the process transparent and participatory.
Pursuant to Section 6.02 (p) of the General Conditions, the following additional event is specified, namely that a situation shall have arisen which shall make it improbable that the Privatization Program will be carried out.
Offer for privatization through auctions against privatization investment coupons only, a majority ownership in an average of 150 majority state-owned enterprises designated for the Borrowerþs Mass Privatization Program, pursuant to Presidential Decree No. 1135, dated March 5, 1993, per calendar month, following April 30, 1995.
Offer for sale through auctions under the National Privatization Program established pursuant to Presidential Decree No. 1135, dated March 5, 1993, all of the Borrowerþs shares in the Borrowerþs grain storage facilities (elevators), except in those facilities which the Bank agrees are required to meet direct consumption requirements of the Borrowerþs governmentþs agencies and entities.
It is also found that there was a link between the positive contexts and the certain factors such as the international cooperation agreements (Jordan –European Association Agreement, the United States-Jordan Free Trade Agreement which was signed on October 24, 2000) and the government’s Privatization Program which were the same elements that receive attacks from some Jordanian policy makers at the end of this period.
The Privatization Program in Egypt has been described by many governmental officials as the corner-stone of development and Economic Reform.
Actions referred to in Paragraph 4(a)(ii) of Schedule 1 1 The Borrower has, in accordance with the Privatization Program, completed the Sale or Liquidation of at least 14 enterprises as provided in paragraph 20(a) of the Program, including at least 4 medium-sized enterprises.