Sri Lanka, Jan. 27 -- Officials informed Parliamentarians that 16 banks have come forward to provide working capital loans required for the rapid restarting of micro-, small-, and medium-scale enterprises (MSMEs) affected by Cyclone Ditwah.

From December 16, 2025, three State banks have already commenced issuing such loans and 13 more banks, including private banks, have expressed willingness to enter into agreements to provide these loans.

Opinion column subscriptions The Finance, Planning and Economic Development Ministry will provide funds to banks at 0 percent interest, and banks will issue loans of up to Rs. 25 million at an interest rate of 3 percent. Accordingly, Rs. 10,000 million has been allocated for this purpose for the year...