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PM with more supervision over state companies

21:06

According to the agenda of legislature posted on the PM’s chancellery website, the Prime Minister now has more control over state-owned companies. “The scope of PM’s was expanded to cover all companies in which the Treasury has stake,” the statement said. The new, expanded competencies include, the right to buy shares, request information, and in the case of the companies with strategic importance to approve voting instructions. Since the Treasury Ministry was dissolved back in January, the control of state-run companies was in hands of ministers from related fields. Between January-August, Poland collected PLN 1.64 billion in dividends and income transfers from state-owned companies.

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