The government does not have a fixed policy with respect to the privatisation of banking, rum manufacturing and port operations.
Minister of Finance, Colm Imbert, makes the disclosure in the parliament Friday afternoon.
Minister Imbert said each such matter will be handled on a case by case basis as the need requires and as the circumstances dictates.
The Finance Minister the divestment and or investment measures carried out by the government is aimed at boosting economic efficiency, improve resource allocation and ensure wide public participation in the ownership of commercial enterprises.
Minister Imbert said these steps involve divestment, acquisition, restructuring, mergers and liquidation of entities.
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