Category: Economy

  • The State Banks: Is Financial gain the only requirement?

    The State Banks: Is Financial gain the only requirement?

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    Sri Lanka’s two state banks recently published their financials. It wasn’t compelling reading, but it certainly stirred up a few questions – and honestly, they are all the Big Questions. D B Wijetunga as Finance Minister, wanted to privatise the State Banks; Trade Unionist Rusiripala Tennekoon asked him why. A shocked Minister said, ‘because they

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