| Vanuatu: Integrity Scorecard Report > Sub-Category: Privatization | ||
| Indicators | Score | |
| 50 | Is the privatization process effective? | 83 |
| 51 | Can citizens access the terms and conditions of privatization bids? | 40 |
Indicator and sub-Indicator Details
| 50 | Is the privatization process effective? | |||||||
| 50a: In law, all businesses are eligible to compete for privatized state assets. | ||||||||
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Comments: There is no privatization law per se. References: Executive from National Bank of Vanuatu (Goverment-owned Commercial Bank)
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| 50b: In law, there are regulations addressing conflicts of interest for government officials involved in privatization. | ||||||||
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Comments: References: Leadership Code in the Vanuatu Constitution www.paclii.org/vu/legis/consol_act/cotrov406/
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| 50c: In practice, conflicts of interest regulations for government officials involved in privatization are enforced. | ||||||||
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Comments: References: Chief Editor Daily Post Kierry M. Micku Missaeuve - Ocean Computer Technician National Bank of Vanuatu Representative
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| 51 | Can citizens access the terms and conditions of privatization bids? | |||||||
| 51a: In law, citizens can access privatization regulations. | ||||||||
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Comments: There is no law that citizens can access. References: Executive of National Bank of Vanuatu (Government-Owned Bank)
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| 51b: In practice, privitizations are effectively advertised. | ||||||||
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Comments: An example is the recent advertisement of Vanuatu Abatoir Limited, which was advertised and has been partly sold (50% of the company sold to a private businessman). References: Chief Editor Kierry M. from Daily Post Representative from the National Bank of Vanuatu
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| 51c: In law, the government is required to publicly announce the results of privatization decisions. | ||||||||
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Comments: There is no law for this. References: National Bank Spokeperson
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| 51d: In practice, citizens can access privatization regulations within a reasonable time period. | ||||||||
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Comments: References: Daily Post Chief editor Kierry M. National Bank IT Manager Lae Sakita - Vango NGO
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| 51e: In practice, citizens can access privatization regulations at a reasonable cost. | ||||||||
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Comments: There are many aspects of the operation of the Vanuatu government where laws are either not clear or non existent. This does not always prevent indviduals and government agencies from carrying out practices in such a manner that is either prescribed by Directors or is deemed normal in other juridictions. In regards to privatisation, it has happened despite the non-existence of privatization laws, such as that of Vanuatu babatoirs Limited (most recently).Accessing the records of such processes is possible, albeit with difficulty. References: Drivers of Change Study conducted by Ausaid Lae Sakita - Vango NGO Tourism Representative
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