18 October 2019 06:12 AM

Cabinet denies reports about liquidating companies of public business sector

Friday، 14 June 2019 - 03:56 PM

The cabinet’s media center dismissed reports circulated about the government’s intention to liquidate and sell companies of the public business sector to foreign investors with the aim of establishing new projects.

In a report released Friday 14/06/2019, the center said it has contacted the Ministry of Public Business Sector, which affirmed that such reports are completely untrue.

The ministry affirmed that the government has no intention to liquidate or sell firms of the public business sector neither to foreign investors nor others.

In this regard, the ministry urged all media outlets and social media users to verify the authenticity of news to avoid provoking the public opinion and fueling the people’s anger.

MENA

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