Cabinet decides to write off loans obtained by women in 12 drought affected districts

COLOMBO (News 1st) – The Cabinet of Ministers, on the recommendation of the Minister of Finance and Mass Media Mangala Samaraweera has decided to write off non-consumption loans granted up to Rs. 100,000 to women by all registered Finance companies. Further, the government has also decided to introduce an interest rate cap of 30% per […]

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