Somaratne says that the problem is not the lack of money, but the inability of small industry to qualify for loans.
Q: You say that there is enough money for Small and Medium Enterprises (SME). What are some of the outstanding credit lines awaiting disbursement?
A: There are a few credit lines extended by the multilateral lending agencies. The main credit line is the one given by the Japanese Bank for International Co-operation; that is called SMILE (Small and Micro Industries Leader and Entrepreneur Promotion Project).
We have a lot of money under that credit line.
In addition to that, the government has got a credit line from the Asian Development Bank (ADB) for projects in the southern province.
There also we have money for the projects in thr