Sri Lanka, Feb. 14 -- SLBFE to meet part of the concessionary loan interest: NHDA, SLBFE, banks to collaborate in project :

Cabinet approval has been granted to implement a housing programme for overseas employees.

Cabinet Spokesman, Transport, Highways and Mass Media Minister Dr. Bandula Gunawardhana yesterday said that Sri Lanka Bureau of Foreign Employment (SLBFE) in collaboration with the National Housing Development Authority and the licenced banks has planned to implement a housing programme for overseas employees.

He was speaking at the weekly Cabinet media briefing held yesterday at the Government Information Department.

Accordingly it is expected to grant a maximum of Rs.10 million as a concessionary loan and contribute a por...