10000 million profit bringing SLIC is also sold
Ranil Wickramasinghe is preparing to sell the Sri Lanka Insurance Corporation (SLIC) according to the orders given by the IMF to sell government institutions. It is revealed that SLIC earned a profit of 10,000 million rupees in 2021.
The Trade Union alliance of Sri Lanka Insurance Corporation has disclosed this information to the media. In 2017, it earned a profit of 4500 million rupees; in 2018, it made a profit of 5200 million rupees, 7000 million in 2019 and 5700 million in 2020. Last year the highest profit was Rs.10000 million.
Unions are warning that they will mount a massive protest against Ranil Wickremesinghe’s arbitrary decision to sell the insurance corporation while it continues to make profits.
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