ADB, WB,USAID, JICA ready to assist restructuring of CEB : Kanchana

11 March 2023 08:59 pm - 9 - {{hitsCtrl.values.hits}}

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The Asian Development Bank (ADB), World Bank (WB), USAID and JICA have assured their assistance for the restructuring process of the Ceylon Electricity Board (CEB), Power and Energy Minister Kanchana Wijesekara said.

The Minister tweeted that "Progress on the restructuring of CEB was discussed yesterday. ADB, World Bank, USAID & JICA has communicated on the assistance they can offer. Roadmap & timeline will be submitted to the Cabinet. Reforms that can be implemented before the final Act, will be initiated next week".

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Comments - 9

Voter Saturday, 11 March 2023 10:03 PM

That’s fine…make sure you vultures don’t lining the pockets out of restructuring too…

Sunil Saturday, 11 March 2023 10:54 PM

We know the assistance they will give -Financial loans and expertise to do business valuations and to determine a price and the number of shares to be issued by converting to company.Then big Multi National Companies will buy CEB and electricity tarriffs will be raised.Peoples rights will gradually erode

Ram Sunday, 12 March 2023 02:38 AM

CEB is the highest paid and highly overstaffed institution of the government. All politicians are responsible for overstaffing it for political gains. Now if agencies are helping, CEB must terminate a large number with a hand shake payment to make it viable

Jude Sunday, 12 March 2023 09:08 AM

Just privatise the damn thing!!

DAR Sunday, 12 March 2023 11:05 AM

Government run business enterprises equals to nepotism, corruption, low productivity, outdated technology, same time mountain of debt paid by every citizen of this country. Most of these enterprises have monopolies therefore no competition in the market to deliver best product or service to our people.

Martin Milton Sunday, 12 March 2023 04:12 PM

This absolute ignoramus of a Minister is putting his foot right in it. USAID is the biggest destabilising force on the Planet. it will be disaster for Sri Lanka to EVER enter into ANY dealings with USAID. The Minister should be sent for a re education course regarding Global destabilising forces, to CUBA! There, he WILL (hopefully) learn the TRUTH - IF he has the neurones for it. MM

Rishan Sunday, 12 March 2023 10:38 PM

First of all get those consumers who have not paid their monthly bill to pay to CEB first. Ghis includes everyone.

Dee Monday, 13 March 2023 06:41 AM

What restructuring? Just privatize it and send the excess staff home. Now that most people won’t vote for you do the nation a favor which the other parties will never ever do!

RR Monday, 13 March 2023 01:31 PM

EVERYONE NEEDS LOANS TO REVAMP GOVT DEPARTMENTS

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ADB, WB,USAID, JICA ready to assist restructuring of CEB : Kanchana

Comments - 9

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