In a move to reduce losses that could be incurred further due to the corrupt management of the Sri Lankan Airlines and Mihin Lanka, the government has made a decision to merge the two airlines.
Finance Minister Ravi Karunanayake reading the 2015 interim budget proposal to the parliament today said during the past five years alone, the losses incurred by SriLankan Airlines and Mihin Lanka is Rs. 100 billion and Rs. 15 billion.
Moreover, accounting the non-payment of due taxes by CSN that was run by the Rajapaksas, a onetime tax of Rs. One billion was imposed on the television channel.
Meanwhile, moving beyond the promise in the 100-day program of reducing the cost of 10 essential commodities, the government today reduced taxes imposed on 13 essential commodities.
Casinos were instructed to pay a onetime tax of Rs. One billion by April 2015.