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Jun 01, Colombo: Sri Lanka's parliamentary Committee on Public Enterprises (COPE) says that some state enterprises have caused a loss of Rs. 15 billion to the Treasury.
Chairman of COPE, Senior Minister D.E.W. Gunasekera said the Committee had examined 235 state institutions under six categories. The categories included regulatory bodies, promotional agencies, state owned enterprises, educational agencies, development agencies and research institutes.
The Committee has also monitored and reviewed the follow up measures on the COPE report submitted to parliament last year.
"This has had an impact on the control of public finances," Gunasekera said.
According to the Minister, state entities including Lankaputhra Development Bank, Sri Lanka Cricket, National Child Protection Authority, National Library and Documentation Services Board, Sri Lanka Insurance Corporation, Sri Lanka Tourism Promotions Bureau, Samurdhi Authority, Sri Lanka Export Development Board, Sri Lanka Tea Board, Sri Lanka Telecom, Ceylon Fisheries Corporation, Central Bank, University Grants Commission, Urban Development Authority, People's Bank, Securities and Exchange Commission and Sri Lanka Rupavahini Corporation are among those that have caused the Rs. 15 billion loss.
http://www.colombopage.com/archive_13A/Jun01_1370098546CH.php
Chairman of COPE, Senior Minister D.E.W. Gunasekera said the Committee had examined 235 state institutions under six categories. The categories included regulatory bodies, promotional agencies, state owned enterprises, educational agencies, development agencies and research institutes.
The Committee has also monitored and reviewed the follow up measures on the COPE report submitted to parliament last year.
"This has had an impact on the control of public finances," Gunasekera said.
According to the Minister, state entities including Lankaputhra Development Bank, Sri Lanka Cricket, National Child Protection Authority, National Library and Documentation Services Board, Sri Lanka Insurance Corporation, Sri Lanka Tourism Promotions Bureau, Samurdhi Authority, Sri Lanka Export Development Board, Sri Lanka Tea Board, Sri Lanka Telecom, Ceylon Fisheries Corporation, Central Bank, University Grants Commission, Urban Development Authority, People's Bank, Securities and Exchange Commission and Sri Lanka Rupavahini Corporation are among those that have caused the Rs. 15 billion loss.
http://www.colombopage.com/archive_13A/Jun01_1370098546CH.php
