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NPP Govt. abandons plan to privatize SriLankan Airlines
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<blockquote data-quote="monson" data-source="post: 30201370" data-attributes="member: 30005"><p><strong><span style="font-size: 18px">The JVP and statist-nationalists mainstreamed the ideology by describing privatization as ‘selling national assets’ and as the public became more aware of SOE and corruption of political appointees and consultants running them, ‘selling to foreigners’.</span></strong></p><p></p><p>- <a href="https://economynext.com/sri-lankas-jvp-economic-pillars-questioned-as-forex-shortages-default-risks-worsen-89221/" target="_blank">https://economynext.com/sri-lankas-jvp-economic-pillars-questioned-as-forex-shortages-default-risks-worsen-89221/</a></p><p></p><p><strong><span style="font-size: 18px">Sri Lanka has a bloated public sector and loss-making state enterprises which the influential Marxists Janatha Vimukthi Peramuna (JVP) and previous Rajapaksa regimes have opposed privatizing.</span></strong></p><p><span style="font-size: 18px"><strong></strong></span></p><p><span style="font-size: 18px"><strong>SOEs are stuffed full of political appointees and are also used by line ministers to get vehicles outside their official allocations.</strong></span></p><p><span style="font-size: 18px"><strong></strong></span></p><p><strong><span style="font-size: 18px">The public sector is also bloated with unemployed graduates each year, a strategy also popularized by the JVP which was picked up by then President Mahinda Rajapaksa from 2005 as an election winning strategy.</span></strong></p><p></p><p>- <a href="https://economynext.com/sri-lanka-tax-payers-look-to-tighten-belts-further-or-migrate-as-progressive-taxes-bite-107768/" target="_blank">https://economynext.com/sri-lanka-tax-payers-look-to-tighten-belts-further-or-migrate-as-progressive-taxes-bite-107768/</a></p></blockquote><p></p>
[QUOTE="monson, post: 30201370, member: 30005"] [B][SIZE=5]The JVP and statist-nationalists mainstreamed the ideology by describing privatization as ‘selling national assets’ and as the public became more aware of SOE and corruption of political appointees and consultants running them, ‘selling to foreigners’.[/SIZE][/B] - [URL]https://economynext.com/sri-lankas-jvp-economic-pillars-questioned-as-forex-shortages-default-risks-worsen-89221/[/URL] [B][SIZE=5]Sri Lanka has a bloated public sector and loss-making state enterprises which the influential Marxists Janatha Vimukthi Peramuna (JVP) and previous Rajapaksa regimes have opposed privatizing.[/SIZE][/B] [SIZE=5][B] SOEs are stuffed full of political appointees and are also used by line ministers to get vehicles outside their official allocations. [/B][/SIZE] [B][SIZE=5]The public sector is also bloated with unemployed graduates each year, a strategy also popularized by the JVP which was picked up by then President Mahinda Rajapaksa from 2005 as an election winning strategy.[/SIZE][/B] - [URL]https://economynext.com/sri-lanka-tax-payers-look-to-tighten-belts-further-or-migrate-as-progressive-taxes-bite-107768/[/URL] [/QUOTE]
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