Privatisation had positive side — Razzaz

By Petra - May 06,2014 - Last updated at May 06,2014

AMMAN — Several segments, mainly the labour sector, have benefited from the sale of state-owned companies, especially in terms of increases in salaries and incentives, Omar Razzaz, head of the Privatisation Evaluation Committee, said on Tuesday.

During a brainstorming session with representatives of professional associations and labour unions organised by the Ministry of Political Development and Parliamentary Affairs, Razzaz said resorting to privatisation was justified at the time, taking into consideration the economic crisis Jordan faced during the 1980s.

The introduction of modern technologies and better performance was among the advantages of the privatisation process, he said.

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