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Over 250 state institutions suffered losses in 2014

23 Nov, 2016

Over 250 state institutions suffered losses in 2014, Deputy Minister of Public Enterprise Development Eran?Wickramaratne told Parliament today.

He said that political interference and poor management were the main causes for the losses.

Wickramaratne said that the problem the Government has is to identify who is directly responsible for the losses.

Sri Lanka’s national airline, Srilankan Airlines was among the state institutions which suffered the highest?losses. (Colombo Gazette)

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