Cabinet approval has been granted to provide a debt relief package to the Small and Medium Enterprise (SME) sector, Co-Cabinet Media Spokesman Information & Communications Technology, Higher Education, and Technology & Innovations Minister Dr. Bandula Gunawardane said.The country’s SME sector was severely affected by a major economic crisis during the past five years. As a result of a number of discussions held between the Central Bank, commercial banks and private sector financial companies and Prime Minister and Finance Minister Mahinda Rajapaksa, the Cabinet of Ministers approved a special debt relief package for SMEs.
