Did you know that public sector companies have 10 ministries and 228 companies?

Economy and stock exchange

Many believe that public sector companies follow only one ministry, the Ministry of the Business Sector. The number of companies does not exceed 125, but the fact is that it follows about 10 different ministries. The "seventh day" provides new economic information in its news services and reviews the most important information about business companies General.

1 The number of companies following the Public Sector Law No. 203 of 1991 is about 228 companies.

2 Following the Ministry of Public Sector, currently only 119 companies, after 125 companies.

3 The rest of the companies follow 9 ministries, namely petroleum, agriculture, electricity, industry, planning, irrigation, investment, military production and supply.

4 The public sector companies work 450 thousand workers and employees.

5. The Ministry of Finance finances salaries of workers in the spinning and weaving sector and some companies returning from privatization.

6. Finance will continue to finance these companies until the end of their structure within two years from now.

7 In the coming period, amendments will be made to the Public Sector Law and a minimum wage of 2,000 pounds will be set, with the remuneration of heads of companies increasing.

– Privatization