THE STATE OF STATE ENTERPRISES IN SRI LANKA

THE STATE OF STATE ENTERPRISES IN SRI LANKA – INAUGURAL REPORT 2016 1 THE STATE OF STATE ENTERPRISES IN SRI LANKA Published on 05th May 2016 by The Advocata Institute www.advocata.org State of State Enterprise.indd 1 5/2/16 4:58 PM 2 THE STATE OF STATE ENTERPRISES IN SRI LANKA – INAUGURAL REPORT 2016 State of State Enterprise.indd 2 5/2/16 4:58 PM THE STATE OF STATE ENTERPRISES IN SRI LANKA – INAU. [...] Further, the full impact of SOEs on the Sri Lankan economy and the true cost to the taxpayer is not In the above context, the representatives of the Ad- reflected in the published SOE accounts because of vocata Institute felt that providing a concise snap- hidden subsidies. [...] The SAGT terminal has been ranked number one for terminal productivity in South Asia by the Journal of A more worrying issue is that the public is unaware of Commerce in the USA, and ranked it number 4 in the the full extent of the problem. [...] He is an Adjunct Scholar of independently appointed directors to the boards at the Cato Institute, and on the advisory of these companies and to the boards of the holding boards of the Institute of Economic Affairs company as well. [...] a couple of years after the divestment; the President of the employees union of SriLankan spoke on how the The airline reported an operating loss of Rs.16bn union rights were protected and working conditions in the year 2015, an improvement from the loss of were improved.