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 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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