USD 100 million, technical assistance to boost SMEs

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

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.

Comments - 4

Dee Tuesday, 26 March 2024 12:36 PM

Thank you. No recovery though!

0 0

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!

0 0

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.

0 0

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.

0 0

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.