DRAFT PROCLAMATION TO PROVIDE FOR THE PRIVATIZATION OF PUBLIC ENTERPRISES

PROCLAMATION NO.…../2019
A PROCLAMATION TO PROVIDE FOR THE PRIVATIZATION OF PUBLIC ENTERPRISES

WHEREAS, it has become necessary to introduce reforms to sustain the country’s economic
growth and transformation and to create an enabling policy environment for private sector
investment;
WHEREAS, it has become necessary to improve the provision of finance for development to
contribute to implementation of the country’s economic growth strategy;
WHEREAS, it has become necessary to broaden the role and participation of the private sector in
the economy;
WHEREAS, it has become necessary to improve the efficiency of public enterprises, enhance
their competitiveness, improve their access to capital and improve the quality and accessibility of
their services;
WHEREAS, to achieve this objective it is found necessary to implement of a privatization
program in an open and transparent manner;
NOW, THEREFORE, in accordance with Article 55(1) of the Constitution of the Federal
Democratic Republic of Ethiopia, it is hereby proclaimed as follows.

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Draft state enterprises proclamation Ethiopia (amharic)

Draft state enterprises proclamation Ethiopia (commentary)

Draft state enterprises proclamation Ethiopia (english)

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