It now has executive agency status, and is currently undergoing the process of being converted into a Government-owned business.

He said a new state holding company was looking for ways to make Government-owned business cease being inefficient and deficit-ridden.

The sale of a number of government-owned businesses.

They argue that privatization will turn government-owned businesses, which are often fiscal drains on a country, into private tax-paying entities.

However, some government-owned businesses such as QinetiQ were privatised.

Foreign governments have been tapping them to help structure the securities sales that have accompanied spinoffs of government-owned businesses.

Mexico is selling its Government-owned businesses.

Government agencies have rallied behind the proposed market reforms, seeing them as a way to privatize government-owned businesses and help fill government coffers.

And through the Shareholder Executive we are working with Government departments and management teams to help Government-owned businesses perform better.

The recent Labour governments have not privatised any public services, although some other government-owned businesses such as QinetiQ have been privatised.