Tuesday, 05 August 2014 - 19:36
Fisheries, Petroleum and Mihin Lanka still running at a loss; COPE
The Committee on Public Enterprises also known as Cope Committee presented an interim report at the Parliament today.
The report included the auditing of 47 government institutes up to April of this year.
While speaking during a media briefing held this evening at the parliament, the Chairman of the Cope Committee Minister DEW Gunasekara stated that they have mainly focused on 18 institutes with commercial value.
He further stated that Ceylon Petroleum Corporation, Mihin Lanka airline service and Ceylon Fisheries Corporation have been identified as main institutes incurring losses.
The Minister added that, when compared to the previous Cope Committee report the loss incurred by CEB has been reduced considerably.