Sri Lanka ponders on privatizing its insolvent SriLankan Airlines

Sri Lanka ponders on privatizing its insolvent SriLankan Airlines – Sri Lanka’s newly appointed Prime Minister Ranil Wickremesinghe announced today that he is planning to propose a new national special relief budget that would replace the development-oriented budget approved...

Sri Lanka ponders on privatizing its insolvent SriLankan Airlines

Sri Lanka ponders on privatizing its insolvent SriLankan Airlines

Sri Lanka mulls privatizing its insolvent national airlineSri Lanka’s newly appointed Prime Minister Ranil Wickremesinghe announced today that he is planning to propose a new national special relief budget that would replace the development-oriented budget approved earlier. Wickremesinghe has been appointed by Sri Lanka’s President Gotabaya Rajapaksa as new prime minister last Thursday in a bid to thwart the island nation’s political and economic crisis. According to PM Wickremesinghe, the newly proposed budget would re-direct funds previously slated for infrastructure development to public welfare instead. Privatizing the […]

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