SOE Losses: Negative Consequences for People, Employees & the Political Leadership

Recent media headlines have featured large losses incurred by state-owned enterprises (SOEs). CPC, CEB, SLTB and Sri Lankan Airlines/Mihin Air have all recorded unsustainable losses. A very large share of these losses, particularly those of the CPC, CEB and SLTB, can be attributed to pricing policies that do not reflect costs.