Economics

Sri Lanka Unveils Rs 13 Billion Aid Package for MSMEs

President Ranil Wickremesinghe announced a Rs 13 billion financial aid package for micro, small, and medium-scale enterprises (MSMEs) in Sri Lanka. This initiative includes both investment and working capital facilities to support MSMEs ahead of local elections. The scheme offers loans at a concessional interest rate of 7% for a period of 10 years, with

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