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Hang Seng and the index of mainland shares that trade there are up on some Covid protocol easing. US futures are posting minor gains; USD is a little firmer against the major currencies.
Small and medium enterprises can avail of working capital loans from banks through a loan scheme facilitated under an existing ADB credit line, the Finance Ministry said.
Sectors expected to provide loans: Agricultural, tourism, and export-oriented sectors
Main conditions of the loan scheme:
Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan called on the central and regional governments to immediately implement the .
Sri Lanka Cabinet has approved a proposal to write off over 1.5 billion rupees worth agricultural loans for paddy farmers who were hit by the 2019 Easter Sunday attacks and COVID 19 outbreak, a spokesman said, as the country’s economic crisis had left many of them unable to repay.