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Cabinet decision on restructuring SOEs

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A proposal presented by the President as the Minister of Finance, Economic Stabilization and National Policy to take further steps regarding the restructuring of State-Owned Enterprises (SOE) has been approved by the Cabinet.

On September 5, 2022, the Cabinet approved the establishment of the State Owned Enterprise Restructuring Unit under the Ministry of Finance, Economic Stabilization and National Policy to guide and support these measures.

Accordingly, the Government Information Department said that the SOE Restructuring Policy has been prepared with the aim of improving the quality, price and accessibility of goods and services provided by public enterprises, removing the financial impact of those enterprises on the Treasury and creating a competitive and market-based business environment to attract private investments.

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This week’s Cabinet decisions

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A number of decisions have been taken at the Cabinet meeting held yesterday (Dec. 02).

The decisions taken by the Cabinet of Ministers are as follows :

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No change in Litro Gas prices for December

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The Litro Gas Company says that the prices of its domestic LP Gas cylinders will remain unchanged for the month of December 2024.

Chairman of Litro Gas – Channa Gunawardena stated that the company decided to keep the prices of LP gas cylinders unchanged despite the price hike in the global market, in order to provide relief to the consumers.

Accordingly, the prices of Litro LP gas domestic gas cylinders will remain unchanged as follows:

12.5kg – Rs. 3,690
05kg – Rs. 1,482
2.3kg – Rs. 694

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Tomorrow’s Parliamentary session to continue until 9.30 pm

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It has been decided during the party leaders’ meeting to conduct tomorrow’s (Dec. 04) parliamentary session until 09.30 pm.

Accordingly, the adjournment debate regarding the disaster situation caused by the recent adverse weather conditions will be held from 05.30 pm – 09.30 pm tomorrow.

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