Restructuring of Sri Lanka’s state-owned enterprises (SOEs) is delayed as the government needs to ensure transparency, maximum value for them, protection of employees’ rights, and improvement in the quality of the service, State Finance Minister Ranjith Siyambalapitiya said.
His comment comes after President Ranil Wickremesinghe’s government has not restructured any SOEs in the last two years despite calling for bids and shortlisting both local and international companies.
