
Cabinet approval has been granted to provide a debt relief package to the Small and Medium Enterprise (SME) sector, Co-Cabinet Media Spokesman Information - Communications Technology, Higher Education, and Technology - Innovations Minister Dr.
Bandula Gunawardane said.The country SME sector was severely affected by a major economic crisis during the past five years.
As a result of a number of discussions held between the Central Bank, commercial banks and private sector financial companies and Prime Minister and Finance Minister Mahinda Rajapaksa, the Cabinet of Ministers approved a special debt relief package for SMEs.