President Ibrahim Mohamed Solih formed “Secretariat for Privatisation and Corporatisation Board (PBC)” and “Secretariat for National Pay Commission” on 12th February 2019. 

Secretariat for Privatisation and Corporatisation Board was formed under section 17 b of Law no. 3/2013 (Privatisation, corporatization, monitoring and Evaluation of Government businesses). In addition the “Secretariat for National Pay Commission” was formed under section 13 of Law No.11/2016 (National Pay Policy Act).

Secretariat of Privatisation and Corporatisation Board (PBC) and Secretariat for National Pay Commission will carry their work under Ministry of Finance.