August 31, 2024
Devika
Financial Aid Package to Revitalize Sri Lanka’s Micro, Small, and Medium Enterprises Sector
July 19, 2024- Investment loans up to Rs. 15 million at a concessionary interest rate of 7%.
- Working capital loans up to Rs. 5 million at a concessionary interest rate of 8%.
- Rs. 18 billion allocated for loan disbursement.
- 15 banks and financial institutions partner with the government for this initiative.
To advance national development, it is essential to strengthen small and medium enterprises.
- Establishment of a National Development Bank for Small and Medium Enterprises – Says President.
President Ranil Wickremesinghe announced plans to seek UNESCO’s support in a comprehensive modernization initiative for Sri Lanka’s education sector, alongside seeking assistance from the World Bank and the Asian Development Bank for these reforms.
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The Government official news portal is maintains by the New Media Unit of the Department of Government Information and it was titled "news.lk" and commenced in mid1996 and release to Internet from March 01st, 1997.
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