Dec 10, 2020 (LBO) – The United States launched a new LKR 3.6 billion (USD 19.5million) initiative to help small businesses and economically empower Sri Lankan women.
ThePrivate Sector Development Project, which is funded through the U.S. Agency for International Development (USAID), will provide technical assistance and financing to small businesses in thetourism, technology, and commercial care industries.
It will also help Sri Lanka weather the economic impact of COVID-19 by providing much-needed financial assistance through which businesses will be able to expand job opportunities forwomen and increase profits thanks to better business practices. Strengthening resilience in theface of the pandemic is a key step toward a post-COVID economic recovery.
US Launches Project to Support Small Businesses in Sri Lanka
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Sunday Times - U S launches project to support small businesses and increase women s participation in the labour force
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