State Minister of Finance Shehan Semasinghe says that the Treasury is unable to protect government institutions that are losing money or that have not reached the desired goals. He said this while attending a ceremony held at the Ministry of Finance. The state minister also mentioned that the annual loss of government institutions is more than 811 billion rupees.
The state minister said that among the 52 strategically important government institutions, 39 are making profit and 13 are making losses and the loss of those 13 government institutions is 1029 billion rupees, while the profit of 39 profit-making institutions is only 218 billion rupee