President Dr Mohamed Waheed has today met with senior officials of government-owned companies and companies of which the government holds shares. The meeting was held this morning at the President’s Office.

Discussions at the meeting were focused on ways to increase the efficiency of the companies.

Speaking at the meeting, President Waheed noted that the companies play a vital role in providing basic services to the people. He further said that with the changes to the government’s business policies over the years and with privatization of a number of companies, companies with no major mandate were formed. He said, therefore, the government had now reviewed those polices and had brought about the necessary changes.

President also stressed on the importance of operating companies according to CMD rules and regulations.