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)
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Acting Attorney General Parinda Ranasinghe, was appointed as the Attorney General of Sri Lanka a short while ago.
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