Meaning Parastatal
What does Parastatal mean? Here you find 2 meanings of the word Parastatal. You can also add a definition of Parastatal yourself
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ParastatalIn certain countries, a company or organisation which is partially or fully owned and controlled by the government.
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Parastatal
A company, agency, or intergovernmental organization, that possesses political clout and is separate from the government, but whose activities serve the state, either directly or indirectly.
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