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श्रीलंकेवरील आर्थिक संकटाला अकार्यक्षम आणि खर्चिक सरका

श्रीलंका के अकुशल और महंगे सरकारी-स्वामित्व वाले उद्यमो�

Sri Lanka’s inefficient and costly state-owned enterprises play a major role in its current economic crisis, necessitating restructuring and reform

It is only by reducing its unnecessary expenditure, reforming underperforming SOEs, and diversifying its economy, that Maldives can mitigate its econo

Anura Kumara Dissanayake, JVP, Sri Lanka, India, China, foreign policy, economic crisis, governance, SAGAR, Indo-Lanka accord, Indian investments, transparency, SOEs, Chinese loans

The IMF estimates that State-Owned Enterprise (SOE) assets totalled US$45 trillion in 2018, close to 50% of the global GDP, and calculated the debt of the largest SOEs to be US$7.4 trillion. Clearly, SOEs have a direct bearing on the global economy. The most systemically important SOEs are the State-Owned Multinational Enterprises (SOMNEs) since they are focused on cross-border financing and business. A global framework for regula