SOEs selldown rewarded investors, not taxpayers
On the Money: Governments are the losers when they sell shares.
It has been about six years since the first of the state-owned enterprise selldown sales.
The spin at the time was that this would lower government debt and improve the efficiency of the SOEs while giving retail investors an alternative to losing their money in finance company debentures.
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Brent Sheather
Sat, 17 Aug 2019
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SOEs selldown rewarded investors, not taxpayers
Analysis,Columns,
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