Question:
What are the three key state-owned enterprises that have been identified for restructuring under the current IMF Extended Fund Facility arrangement in Sri Lanka?
(1) Ceylon Petroleum Corporation, Lanka Sathosa and Sri Lanka Telecom
(2) Ceylon Petroleum Corporation, Ceylon Electricity Board and Sri Lankan Air Lines
(3) Road Development Authority, Milco (Pvt.) Ltd. and Ceylon Fisheries Corporation
(4) Lanka Phosphate Ltd., Sri Lankan Air Lines and National Water Supply and Drainage Board
(5) Ceylon Electricity Board, Sri Lanka Ports Authority and Sri Lanka Transport Board
Correct Answer:
(2)
Answer Explanation:
Under the recent IMF EFF programme, restructuring major loss-making State-Owned Enterprises (SOEs) was a key condition. CPC, CEB, and SriLankan Airlines were identified as the most critical systemic risks to the government budget.
Topic: Sri Lankan Economy Year: 2023
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