2021 ADB Governance Forum SOE Reforms

Objective of Session 2(SOE Reforms): SOEscontinue to play a crucial role in providing power, water, transport, finance, and other goods and services across Asia and the Pacific. Many of these SOEs have been directly impacted by the COVID-19 pandemic orhave been asked to bailout the private sector through fee waivers and other mechanisms. In some cases, governments have created new SOEs, or expanded their equity holdings in existing SOEs. In other cases, private sector creditors have had to take losses when SOEs defaulted. This session will explore what SOE reform strategies can help governments manage the fiscal, financial and service delivery impact of the global pandemic.