Finance Minister Mohamed Maiet told Enterprise that the first wave of state companies selling shares as part of the government’s privatisation programme is coming in either July or August. As for new listings of state-owned companies, the government has yet to settle on which company will pilot the IPO programme; Enppi had been touted to be the first in the programme, according to Maiet. The hold-up appears to be due to delays from the corresponding ministries to submit their reports on which of their companies should go first. The Minister’s comments came a day after he suggested the first IPOs of the state programme would come later than expected.