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The Ethiopian government, in line with its commitment to encourage the private sector, has so far taken a broad- based economic reform programme. One of the reform measures is a privatization programme which has transferred a lot of public enterprises to the private sector. In order to arrive at the above-mentioned goals, it became necessary to merge the Ethiopian privatization Agency (EPA) and the Public Enterprises Supervising Authority (PESA) with a view to coordinating the implementation of the privatization programme with the activities of public enterprises. Therefore, Privatization and Public Enterprises Supervising Authority (now Agency and hence, PPESA) has been established by proclamation No.413/2004. Therefore, Privatization and Public Enterprises Supervising Authority (now Agency and hence, PPESA) has been established by proclamation No.413/2004

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