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Key details of public sector enterprises (PSE) reform projects
Key details of public sector enterprises (PSE) reform projects.
Key details of public sector enterprises (PSE) reform projects.
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KEY DETAILS OF ADB'S PUBLIC SECTOR ENTERPRISE (PSE) REFORMS PROJECT
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Implementing Select sub-outputs Select key targets Percentage
Output Particular agency of total
project
cost*
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1 Strengthen privatisation program PC Project to finance consulting services to strengthen PC's At least 10 privatisation transaction completed by 2019 24.5
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technical capacity to manage transactions, including
1.1 Transactions management market potential assessment & legal assistance
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1.2 Effectiveness and transparency Develop communications strategy to improve transparency Mitigation framework for labor-related issues prepared by
aimed at getting a public buy-in for reforms. Mitigation December 2015. Public education and communications
framework for labor-related issues will also be developed. strategy implemented during 2015- 2019
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2 Improved corporate governance, structure & PC, MoF's At least 75% of PSEs fully report to the SECP by 2019 39
management capacity in selected PSEs. ERU & SECP
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2.1 PSE restructuring Technical assistance & expert advice for strategic restructuring.
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2.2 PSE performance monitoring Project to develop MoF's capacity to monitor PSEs also give
technical support to SECP for enforcement of PSE compliance
with PSE corporate governance rules
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3 Enhanced governance & regulatory regimes MoF's ERU & Blueprints for revised market structures with separation of
of selected sectors currently dominated by PSEs other specific regulatory and operational roles finalised for 2 sectors by 29.9
regulatory agencies Competition assessments for at least 3 sectors affected
by privatisation and restructuring of PSEs by 2019
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3.1 Energy sector reform monitoring Technical assistance in regulatory, technical, legal, &
communications areas to be provided
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3.2 Key sector reforms. Financial assistance to be provided to hire experts for sector
efficiency & competition assessments, & preparation of
sector restructuring road maps
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4 Efficiently and effectively managed project. Consultants will be recruited to support project management,
financial management and procurement. At least 75% of activities completed on time 6.7
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Source: ADB Project Administration Manual for Project Number: 48031-001
PC = Privatisation Commission; MoF - Ministry of Finance; ERU = Economic Reforms
Unit (at MoF); SECP = Securities and Exchange Commission of Pakistan
Total project cost $22.54 million of which $20 million to be provided by the ADB; the rest by GoP.
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