The Ministry of Finance has planned to review concessionary loan facilities introduced by the previous government.
MOF expressed these views in response to news reports claiming that the new government had suspended the ‘Enterprise Sri Lanka’ concessionary loan programme and other schemes initiated by the Yahapalana regime.
The Ministry said it will re-organize the loan facilities in line with the Government’s policies.
"We understands the importance of granting concessionary loan facilities to small and medium enterprises and their contribution to economic growth."
The Finance Ministry says that loan facilities should target sectors that contribute most to the economy.
The Ministry said after a systematic study, the state will take measures to strengthen these credit schemes.
Under the Enterprise Sri Lanka programme Rs. 70 billion was disbursed among 40,240 beneficiaries as of August 2019.
Govt. to review concessionary loan facilities
26 Nov 2019
Govt. to review concessionary loan facilities
26 Nov 2019
The Ministry of Finance has planned to review concessionary loan facilities introduced by the previous government.
MOF expressed these views in response to news reports claiming that the new government had suspended the ‘Enterprise Sri Lanka’ concessionary loan programme and other schemes initiated by the Yahapalana regime.
The Ministry said it will re-organize the loan facilities in line with the Government’s policies.
"We understands the importance of granting concessionary loan facilities to small and medium enterprises and their contribution to economic growth."
The Finance Ministry says that loan facilities should target sectors that contribute most to the economy.
The Ministry said after a systematic study, the state will take measures to strengthen these credit schemes.
Under the Enterprise Sri Lanka programme Rs. 70 billion was disbursed among 40,240 beneficiaries as of August 2019.
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Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!