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Seventeen badly run state-institutions cost taxpayers Rs. 70 bn annually

Feb. 14 (LBO) – Despite just over two decades of public sector reforms, 17 government entities continue to hemorrhage, draining Rs. 70 billion each year from state coffers, Treasury Secretary said Tuesday.

Mega Plans

 

Sri Lanka is pushing ahead with mega projects in three key districts next month with full state patronage, Treasury Secretary P B Jayasundara said.

 

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