USD 100 million, technical assistance to boost SMEs

26 March 2024 11:14 am - 4 - {{hitsCtrl.values.hits}}

A A A

The Asian Development Bank (ADB) will finance USD 100 million and technical assistance to boost Sri Lankan small and medium-sized enterprises (SMEs), the Finance Ministry, Economic Stabilization and National Policies announced.

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 4

Dee Tuesday, 26 March 2024 12:36 PM

Thank you. No recovery though!

Ensure the Loans are Accounted For. Tuesday, 26 March 2024 01:20 PM

ADB have to ensure a statement of Accounts is recorded for this loan. With the amount of corruption over the years, do not release the whole lot of funds at one go. Only release in batches and ensure it’s accounted for before the next batch is released. Have them to send yearly statements of account on the progress on the loans. Most politicians and officials are good at manipulation when big ticket items are given out!

Nihal S Tuesday, 26 March 2024 02:36 PM

Is this a grant or a loan? Whichever way, ADB please ensure proper use of the assistance ensuring it will not give the politicians control and the maximum accountability. Corrupted regime will use this assistance to win votes leading to the elections in the country.

Gona Tuesday, 26 March 2024 08:49 PM

Good ADB. Election is in the offing. Keep Ranil Rajapakshas in power. And let the citizens start paying after the elections.

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

USD 100 million, technical assistance to boost SMEs

Comments - 4

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

Uma Oya Development Project inaugurated

Sri Lankan among NASA’s new crew for next simulated Mars journey

Ranil Wickremesinghe caravan moves on despite barking dogs

Man who jumped off Sri Pada Uda Maluwa and went missing, found

Not AirAsia bidding to acquire SriLankan: Capital A CEO clarifies

Racing event tragedy leaves seven dead including eight-year-old child

MIRROR CRICKET

Sahan Arachchige to lead Sri Lanka ‘A’

Is Chamari Athapaththu Sri Lanka’s greatest cricketer ever?

Athapaththu back atop ICC Women’s ODI Batting Rankings

Chamari Athapaththu sets big goal for T20 World Cup

TODAY'S HEADLINES

Sri Lanka to establish new energy sector regulator

Cabinet nod to transfer China-built Mattala airport’s management to Indian, Russian joint venture

Sajith never attends dinners hosted by Ranil Wickremesinghe

One soldier dead, nine injured in road crash

Sahan Arachchige to lead Sri Lanka ‘A’

Dates confirmed for 78th Bradby Shield

SLAS appoints independent committee for investigation

Pakistan lose key players for last two T20Is against New Zealand