Sri Lankan Airlines, to sour or to soar?
uring the 2005 -2015 period Sri Lanka’s privatisation programme came to a halt, and there was a wave of expansion in state businesses. State owned enterprises grew from 107 SOEs in 2009 to 245 SOEs in 2014. At the same time the number employed grew from 140,500 to 261,683. Of these 245 SOEs, by admission of the Department of Public Enterprises, only 55 are considered strategically important and fall under their purview.