MENA countries invited to reform SOE (OECD)

Middle Eastern and North African countries should reform the governance of their state-owned enterprises to bring about greater public accountability and improve their efficiency, according to an OECD report published last week. Towards New Arrangements for State Ownership in the Middle East and North Africa argues that improved corporate governance is key to reducing corruption and restoring confidence in public institutions in the aftermath of the Arab Spring. For more see OECD announcement.