Sri Lanka, June 30 -- Leader of the Opposition Sajith Premadasa has urged the government to immediately provide fair and just solutions to Small and Medium Enterprises (SMEs) and entrepreneurs who are being severely impacted by the re-implementation of the parate execution laws, effective from June 30.

Issuing a special statement today (30), Opposition Leader Premadasa emphasized that with the enforcement of the parate law, many SMEs and entrepreneurs are at risk of having their assets rapidly auctioned off by financial institutions, plunging them into further hardship.

He pointed out that these SMEs contribute over 50% to Sri Lanka's GDP and provide employment to over four million people. The loss of their assets due to enforced auctio...