Budget 2023: several State owned institutions to ‘restructured’

Several State owned institutions will be restructured, President Ranil Wickremesinghe said delivering the Budget speech today.

Accordingly, SriLankan Airlines, Sri Lanka Telecom, Sri Lanka Insuarence Corporation, Waters Edge and Hilton hotel will be restructured as the first step.

A decision on the management of these companies will be taken soon.

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