Sri Lanka Consolidated Acts

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Public Enterprises Reform Commission of Sri Lanka Act (No. 1 of 1996) - Sect 4

Functions of the commission

4. The functions of the Commission shall be to advise and assist the Government on the reform of public enterprises, with the following objects in view :-
(a) fostering and accelerating the economic development of the country ;
(b) Improving the efficiency and competitiveness of the economy ;
(c) upgrading production and services with access to international markets on a competitive basis, by the acquisition of new technology and expertise ;
(d) developing and broad basing the capital market and mobilizing long term private savings ;
(e) motivating the private sector ;
(f) augmenting the revenues of the Government, so as to enable it to better address the social agenda,


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