DailyMirror:
The Treasury had granted a whopping Rs. 101 bn in terms of loans, grants and subsidies for 25 loss making government ventures last year, a report said. According to a report released to Parliament, the Ceylon Electricity Board had received the highest financial assistance of Rs. 25 bn from the Treasury.
Besides, the Sri Lanka Ports Authority (Rs.22 bn), the National Water Supply and Drainage Board (Rs.11 bn), the Colombo Commercial Fertilizer Company and Mihin Lanka were among the other loss making institutions that received financial assistance to carry out their operations. 52 state establishments incurred huge losses last year.