Sri Lanka should speed up SOE sales before momentum dies: think tank

Sri Lanka should speed up the divestment of state enterprises to reduce the burden on the people, before the momentum for reform out, Advocata Institute, a Colombo-based think tank said.

Key reforms have to be done in the first year of government, Rohan Samarajiva, an Advisor to Advocata Institute told reporters.

“2024 by all estimates will be an election year,” Samarajiva, who had been involved in government reforms earlier said.

“I would generally argue that is not the opportune time for this kind of reforms.”

The State Enterprise Reform Unit had several constraints including government procurement time frames which was causing delays, he said, but at the same time the window for reforms was running out.

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