Burkina: The government takes stock of the new management strategy for state companies

Prime Minister Apollinaire Joachimson Kyelem de Tambèla chaired the high-level meeting between the ministers responsible for technical, financial and management of state companies on the management strategy of state companies on Thursday, September 14, in the conference room of the Ministry of Foreign Affairs in Ouagadougou.

For the Prime Minister, the development of the management strategy responds to the State’s desire to equip itself with a framework for strategic governance and intervention in the different sectors of activity.

He specified that this decision aimed to define strategic orientations capable of fostering a true culture of good corporate governance within State Companies.

According to him, the high-level consultation is part of this dynamic and obeys the provisions of resolution no. 07/2021/AG-SE of June 25, 2021 adopting the strategy.

According to Apollinaire Kyelem of Tambèla, the forum aims to present to the first officials of the ministerial departments ensuring the supervision of companies, the management strategy applicable to public companies, namely nineteen (19) State companies and three (03) Public Establishments of Social Welfare.

This meeting constitutes a forum for exchanges and appropriation of the management strategy of state companies.

The head of government indicated that in view of the social, economic and sustainable development challenges, the government intends to play its full role in the management system of public enterprises and to increase their resilience in the face of shocks.

It was recommended to the Ministry in charge of Commerce, in collaboration with the consultation framework for state companies, to define a results-based management strategy for state companies.

This presentation will outline the mission of state companies, the vision for 2025 and the strategic directions for the development of said companies.

According to the General Director of Business Promotion, Oumarou Barro, there are three essential axes, including the strengthening of operational management capacities, accountability and strengthening of governance bodies as well as optimization of the roles of supervisory bodies. state companies.

As a reminder, the development of said strategy follows the guidelines of the 23rd session of the General Assembly of State Companies (AG-SE), held on June 23 and 24, 2016.

Source: Burkina Information Agency