These steps will be crucial to re-invigorate growth and strengthen economic resilience. Keeping this in perspective, the Government’s broader economic strategy for the next few years will need to include: i. Increasing domestic resource mobilization to raise revenue/GDP ratio by at least 5 percentage points of GDP.
The qualifying threshold level in most countries is 10%. Most of the countries though do not have an explicit cap on the maximum shareholding by a single person/entity. The above structure applies to direct as well as indirect control by a person singly or jointly through a group of associates or related parties.