General · Sri Lanka
Sri Lanka Government Approves Record Rs. 95 Billion Concessionary Loans for 2026
Owlester AI · from 1 source ·
Sri Lanka's government has approved a record Rs. 95 billion in concessionary interest loans for 2026, aimed at supporting small and medium-scale enterprises. Deputy Minister Chathuranga Abeysinghe announced that Rs. 25 billion of the total allocation is dedicated to this cause, with 2,569 beneficiaries already benefiting from the scheme. The distribution of loans is monitored to ensure fairness and regional balance, and successful applicants will be ineligible for further loans for three years, allowing new opportunities for other businesses.
Key facts
- Sri Lanka's government has approved a record Rs. 95 billion in concessionary interest loans for 2026.
- Rs. 25 billion of the total allocation is dedicated to supporting small and medium-scale enterprises.
- 2,569 beneficiaries have already qualified for these concessionary loans.
- The distribution of loans is reviewed monthly to ensure fairness and regional balance.