📉 Massive Debt & Losses in 7 Key State-Owned Firms – A Fiscal Warning for 🇱🇰 Sri Lanka

📉 Massive Debt & Losses in 7 Key State-Owned Firms – A Fiscal Warning for 🇱🇰 Sri Lanka President reveals alarming financials from major SOEs:

• Sri Lanka Rupavahini Corporation 🇱🇰📺 Loss: Rs. 256M | Debt: Rs. 1,834M

• Sri Lanka Broadcasting Corporation 🎙️ Loss: Rs. 152M | Debt: Rs. 1,603M

• Independent Television Network (ITN) 📡 Debt: Rs. 1,476M

• Lanka Sugar Company 🍬 Debt: Rs. 11,165M

• State Plantation Corporation 🌱 Debt: Rs. 3,216M

• MILCO 🥛 Debt: Rs. 15,090M

• SriLankan Airlines ✈️ Debt: nearly Rs. 340 billion – the largest contributor to state financial stress

  
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