
IMFsays Sri Lanka’s SOE restructuring possible without privatization
- CNL Reporter
- March 5, 2025
- Political
- IMFsays Sri Lanka’s SOE restructuring possible without privatization
- 0 Comments
Sri Lanka can restructure its state-owned enterprises (SOEs) without privatizing, but they should not be a burden to the island nation’s tax payers or government debts, a top International Monetary Fund official said.Restructuring Sri Lanka’s loss-making SOEs is crucial for stabilizing the country’s economy, reducing fiscal deficits, and ensuring long-term financial sustainability.
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