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The Independent UK
The Independent UK
National
Via AP news wire

Sri Lanka proposes privatizing national airline amid crisis

Copyright 2021 The Associated Press. All rights reserved

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 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 in a special statement to the nation that it would channel all funds allocated for infrastructure development to public welfare.

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