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Sri Lanka proposes privatizing national airline amid crisis

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Tue, 2022-05-17 01:51

COLOMBO, Sri Lanka: Sri Lanka’s new prime minister on Monday proposed privatizing the country’s loss-making national airline as part of reforms aimed at solving the country worst economic crisis in decades.
Prime Minister Ranil Wickremesinghe said in a message to the people that he plans to propose a special relief budget that will take the place of the development-oriented budget earlier approved for this year, He said it would channel funds previously allocated for infrastructure development to public welfare.

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