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Finance ministry pushes SOEs to reset, boost efficiency

May 17, 2025 4 mins read
Finance ministry pushes SOEs to reset, boost efficiency

The state-owned enterprises (SOEs) in the country are under pressure to restructure how they allocate profits, with the finance ministry calling for a sharp increase in the share going to labour, from under 50 percent to about 70 percent, mainly to revitalise productivity and drive economic growth.

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