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Home » Restructuring of government institutions which have become a burden to the country has started – President
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Restructuring of government institutions which have become a burden to the country has started – President

Buzzer EditorBy Buzzer EditorOctober 6, 2022No Comments1 Min Read3 Views
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President Ranil Wickremesinghe made a special statement in Parliament today stating that the total loss incurred by several government institutions by the last quarter of this year is about 4,000 billion rupees.

Accordingly, the President further mentioned that the work of restructuring the state enterprises, which have become a burden to the country, has been started and the public has had to bear the loss of those institutions directly and indirectly for many decades.

The President also mentioned that by the end of the second quarter of 2022, the Ceylon Petroleum Corporation has made a loss of 1,057 billion rupees, the Ceylon Electricity Board has made a loss of 261 billion rupees and the Sri Lankan Airlines has made a loss of 799 billion rupees.

The President stated that the government is aware of the poverty of certain sections of the society and has identified them and taken steps to ensure their food security.

In the meantime, the President further said that all steps have been taken to provide fertilizers and seeds for the upcoming season.

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Recent Posts
  • US military completes latest wave of strikes on Iran
  • SJB claims govt planning to extend Supreme Court judges’ retirement age by year-end
  • මීගමුව බන්ධනාගාර ගැටුමින් තවත් නිලධාරීන් දෙදෙනෙකු මරුට
  • Sri Lanka’s dengue cases near 70,000 this year
  • Suspect arrested with 8kg of ‘Ice’, ammunition and explosive devices in Dompe
  • Pillayan further remanded over 2008 Batticaloa murder cases
  • Sri Lanka’s oldest woman dies at 114
  • Case against Wimal Weerawansa over protest near UN office postponed
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