Why the World Bank Successful Privatisations are Useful for the Audit of Privatisation?. The World Bank rich experience worldwide through providing technical and financial assistance for: Restructuring. Developing the institutional framework for privatisation. Evaluation.
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Experience showed that the commitment by the most influential government members has a vital role for successful.
Serious investor will be discouraged if there were doubts at any stage of the privatisation process.
There is no best way to deal with social aspects associated with divesting state-owned companies. However, the following practices were used by many borrowers:
The World Bank experience strongly recommends the selling of state-owned company to be on cash as credit sale in many cases proved to be no more than turns state equity investment in a private sector firm.
Even in cases of financial difficulties and insolvent companies the World Bank recommends the bankruptcy as the model.