Karu urges public sector to “stop bleeding”
By Shannon Jayawardena
Speaker of Parliament Karu Jayasuriya yesterday urged the public sector and state-owned business enterprises to improve good governance in order to ensure that the economy and society stopped “bleeding” in terms of losses and corruption.
“Public enterprises play a vital role in the public delivery system and are major contributors to the national economy. Therefore I appeal to public enterprises to stop the bleeding and improve the quality of life of people,” Jayasuriya said at the launch of the handbook on ‘Good Governance for Chairmen and Board of Directors of Public Enterprises’.
He emphasised that the handbook would serve as a guide to manage the affairs of those institutions effectively. “If the enormous losses of the public corporations can be stopped ...


