Expression of Interest For Recruitment Of A Consulting Firm Study For Defining A New Strategic Vision Of The State As Shareholder

Expression of Interest for Recruitment of a Consulting Firm Study for Defining a New Strategic Vision of the State as Shareholder. Specifically, the consulting firm will carry out the following tasks: Conduct a detailed diagnosis of public shareholding in Mauritania (legal and institutional framework of public shareholding, portfolio of state holdings, current status of contractual relationships between the State and public enterprises, economic performance of the state portfolio, financial governance and control of public enterprises); Identify enterprises that can be transformed into companies with public capital, those whose capital needs to be opened to private participation, and those facing difficulties, while specifying the framework that should apply to these types of enterprises within the scope of the shareholder policy; Estimate the cost of extrabudgetary activities, clarify to what extent a public entity is supposed to conduct its economic activities or/and pursue public policy objectives, and define clear compensation mechanisms; Carry out benchmarking studies of countries having problematic portfolios of public enterprises that have successfully implemented reforms; Propose a draft decree adopting the States shareholder strategy along with an explanatory report; Make proposals to rationalize and harmonize the legal forms under which public enterprises operate, provide general guidelines on potential changes to their status, and define criteria for transferring from one status to another; Identify from the above diagnosis the major challenges of public shareholding, propose a long-term vision, and translate it into strategic axes/orientations and objectives that should guide the States participation in public enterprises operating in the competitive sector; Define criteria for divestment/liquidation of public enterprises, develop an action plan for reconfiguring the public portfolio (distinguishing market-oriented and non-market entities), make financial restructuring proposals, and suggest monitoring and evaluation mechanisms for implementing the States shareholder strategy; Prepare a draft decree adopting the States shareholder strategy and its explanatory report. The General Directorate of Financial Oversight (DGTF) within the Ministry Delegated to the Minister of Economy and Finance in Charge of the Budget (M.D.M.E.F.C.B) invites consulting firms to submit expressions of interest to provide the services described above. [Disclaimer: The above text is machine translated. For accurate information kindly refer the original document.] Tender Link : https://www.afdb.org/en/projects-and-operations/procurement