The administration of the divestiture programme is undertaken by a secretariat, headed by an executive secretary.
Also, the divestiture of theaters eliminated the studios' profits from their theater chains.
This is followed by a decision as to the preferred mode of divestiture : whole or fragmented.
The proceeds from divestiture have been treated as part of normal government revenue.
How do translation practices, and the increasing prestige of translation practitioners, shape this divestiture?
Primary budget surpluses were restored in 1994, albeit achieved only by treating divestiture receipts as normal revenue.
These include wide speculations of lack of transparency of the divestiture process and allegations of corruption in the management of privatisation.
As can be seen in the table, over 212 divestiture transactions of state-owned enterprises have hitherto been undertaken.
The divestiture reduced company risks, maintained profits and kept the company in business for another fifty years.
Divestiture (privatisation) can reduce government spending and provide a one-time boost to the budget.
This freedom includes the right to break up firms before divestiture and\or to propose liquidation rather than sale.
Significant among these are the high costs of the divestiture, many of which will fall due in the near future.
The foreign exchange sector has also realised some gains from privatisation, as a substantial proportion of the divestiture proceeds was realised in foreign currencies.
The biggest losers comprised the large number of workers, who were retrenched in the early stages of the divestiture.
In 1996 a policy of ' outsourcing ' divestitures to private firms became operational.
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