The Privatization and Corporatization Board (PCB) has introduced reforms to improve oversight and accountability in State-Owned Enterprises (SOEs), requiring Ministry of Finance and Planning approval for loans, organisational changes, and salary structures. Loan approvals must now be reported to the PCB within five days, while new SOEs will be classified jointly by the PCB and the Ministry based on purpose and capital. Additionally, companies will undergo reassessment after their first operational year to ensure alignment with performance and strategic objectives.