Lanka Business Online

6-month debt moratorium only applies to 5 sectors


Mar 19, 2020 (LBO) – The 6-month debt moratorium announced for businesses will only be applicable to the most adversely affected five sectors of the economy, Co-cabinet Spokesman Bandula Gunawardane said.

Accordingly, Apparel Exports, Tourism, Information Technology, Foreign Employment, and Small Enterprises will be eligible for this debt moratorium.

The government has also requested the banks to provide working capital loans to these businesses at 4 percent interest.
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