Sri Lanka announces relief to COVID-19 ridden business « Khabarhub
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Sri Lanka announces relief to COVID-19 ridden business

18 March 2020  

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COLOMBO: As a measure to counter the economic threats set by the overriding COVID-19, the Sri Lankan government has come out with the relief package to the COVID-ridden public and market.

President Gotabaya Rajapaksa instructed banks and financial institutions to offer a six month grace period for loans obtained by business enterprises and provide working capital for loans at 4 percent.

He ordered the officials to regulate the market strictly so as not to let the black market sting the people.

President Rajapaksa also asked the officials to ensure a maximum retail price of Rs. 65 per kg for dal and Rs.100 for canned fish from Tuesday night. He has promised to come with further concessions in the future.

Publish Date : 18 March 2020 18:59 PM

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