Sri Lanka, April 1 -- The government is prioritising equitisation as a key strategy to enhance the governance of state-owned enterprises (SOEs) and inject liquidity into the capital market, instead of embracing full privatisation, which has garnered negative sentiment among the Sri Lankan public, according to the comments by Securities and Exchange Commission of Sri Lanka (SEC) Chairman Senior Professor Hareendra Dissabandara.

Prof. Dissabandara emphasised the significant role equitisation could play in Sri Lanka, clarifying that while privatisation has a defined structure, equitisation offers a distinct pathway. He drew comparisons with countries like Vietnam to illustrate the potential successful models.

He made these remarks at the I...