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. CEYLON'S CASH PROBLEM

16th September 1960
Page 101
Page 101, 16th September 1960 — . CEYLON'S CASH PROBLEM
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Which of the following most accurately describes the problem?

THE Ceylon Transport Board will buy only about 150 of the 480 vehicles it intended originally to purchase this year, it has announced, because it does not have sufficient reserves to buy all the vehicles it wants. The board has decided to buy all the light vehicles it had scheduled to purchase this year for country work, and to cut down on the bigger vehicles for town duty.

A Commission of Inquiry is to be appointed to investigate the working of the transport board, which was startedup in January, 1959. Two of the members of the commission may be recruited from overseas.

The Government has been recommended to give six months' notice to cease running to all operators of private vans which at present " pirate" along the Board's main bus routes.