By Jomo Kwame Sundaram Kuala Lumpur, Malaysia, Jul 23 2019 (IPS) – International financial institutions (IFIs) have typically imposed wide-ranging policy reforms – called ‘conditionalities’ – in exchange for country governments to secure access to financial assistance.
Saudi Arabia aims to generate SAR35bn-40bn ($9bn-11bn) in non-oil revenues from its privatisation programme by 2020 and create up to 12,000 jobs, according to a document published by the official Saudi Press Agency. The initiative targets 14 public-private partnership (PPP)…