Loss-making key public enterprises: Postponing the needed reforms will be fatal pretty soon

Monday, 22 April 2013 00:00 - - {{hitsCtrl.values.hits}}

The power shock is to be followed by other shocks too

When the new electricity rates were announced last week, newspaper headlines cried “power paralysis,” “power shocks” and “power betrayal”. Given the increase this time – more than 60% in a single increase – it is not unusual for media to express their shock in equally shocking terms.

However, the media and political reaction to the electricity rate increase appears to have been concentrated on this single one-off incident, ignoring the more alarming big picture emerging in the country’s public enterprise sector.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.

Loss-making key public enterprises: Postponing the needed reforms will be fatal pretty soon

Recent columns

COMMENTS