UNIVISER CEO & Founder awarded the Young Entrepreneurs Interest Free Loan Scheme by Enterprise Sri Lanka
Finance and Mass Media Minister Mangala Samaraweera said that one of the main proposals made in the budget to create entrepreneurs under the ‘Enterprising Sri Lanka’ programme would be launched in March.
He said those who obtain credit facilities under this programme would be given interest subsidy up to 75 percent of the effective interest rate.
The government expects to disburse Rs.60 billion through state and private banks to would-be entrepreneurs and another Rs.5 billion has been set aside by the Treasury to reimburse the interest subsidy to the banks.
Finance and Mass Media Minister Mangala Samaraweera said that one of the main proposals made in the budget to create entrepreneurs under the ‘Enterprising Sri Lanka’ programme would be launched in March.
He said those who obtain credit facilities under this programme would be given interest subsidy up to 75 percent of the effective interest rate.
The government expects to disburse Rs.60 billion through state and private banks to would-be entrepreneurs and another Rs.5 billion has been set aside by the Treasury to reimburse the interest subsidy to the banks.
