There are more than 250 loss making public institutions in the country and they together had incurred losses ruling into over Rs 600 billion in 2014, State Minister of Public Enterprise Development Eran Wickremaratne told Parliament today.
The Minister made this disclosure in response to a question raised by Matara District UNP MP Buddhika Pathirana.
Mr.Wickremaratne said that as a remedial action, the government would introduce new legislation in a bid to turn around these institutors.
He also disclosed that the country had suffered a loss of Rs. 14.5 billion due to the cancellation of an order for a super luxury air craft by SriLankan Airlines during the former regime.
(CK)
A Sri Lanka Air Force Bell 212 helicopter belonging to the No. 72 squadron has crashed into the Madhuru Oya reservoir this morning, Air FOrce Media Spokesman Eranda Geeganage said.
Update: Five of the twelve passengers on board the bell 212 aircraft that crashed into the Maduru Oya today, have succumbed to their injuries, the SLAF said.
Leave Comments