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Presidential Executive Office2023
Events

Dmitry Medvedev instructed Prime Minister Vladimir Putin to present proposals on reform of state corporations by March 1, 2010

November 13, 2009
15:00

The instruction comes after the audit of state corporations’ activities showed that the current legislation does not set common criteria for defining a state corporation as a form of legal entity’s incorporation.

In a number of cases, the lack of proper oversight of state corporations’ activities has led to them making ineffective use of the state assets transferred to their control.

The President instructed the Prime Minister to present proposals on transforming the state corporations that operate in a competitive environment into organisations with a different organisational and legal status. The Government needs to determine the life time of state corporations not operating in a competitive environment and draft proposals on legislative guarantees of the transparency of their activities and full-fledged state control over their operations.

The Government has also been instructed to draw up performance criteria to assess the efficiency of state corporations’ activity and provisions on state representatives on their supervisory boards.

The deadline for carrying out these instructions is March 1, 2010.

See also

Prosecutor General and Director of the Presidential Control Directorate presented Dmitry Medvedev audit report on the activity of state corporations
November 10, 2009

Publication status

Published in section: News

Publication date: November 13, 2009, 15:00

Direct link: en.kremlin.ru/d/5985

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Official Website of the President of Russia:

Dmitry Medvedev instructed Prime Minister Vladimir Putin to present proposals on reform of state corporations by March 1, 2010

http://en.kremlin.ru/events/president/news/5985

Last updated at March 20, 2015, 18:02

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