The incoming government will re-examine the future of some state-owned enterprises (SOEs), the Spokesperson at the President-Elect’s Office, Mohamed Firuzul Abdulla Khaleel, has said.
Speaking at a press conference held on Tuesday, Khaleel said that the transitional committees have identified issues with some companies that need careful consideration.
“There are SOEs that have been running for a long time, while not enough work is being done, and at the same time, the state incurs huge recurrent costs every month because of them,” Khaleel said.
“If there were companies with operational problems, the new government would prioritize fixing them,” the spokesperson said. “However, if the SOEs are inherently inoperable or are legacy companies that burden the state because of the shape they are in, we will have to reconsider,” he said.
He did not, however, elaborate on which factors would be reconsidered nor did he name any SOEs which might be on the chopping block.
The president-elect had been critical of some SOEs both during his tenure as Mayor of Malé City and throughout his presidential campaign.