The Hon. (Dr.) Harshana Suriyapperuma - Deputy Minister of Finance and Planning
The Deputy Minister of Finance and Planning said the Government had quickly introduced amendments and a relief mechanism for SMEs, with grace periods based on loan principal size extending to June, September, or December 2025. He reported that Rs. 160.8 billion in eligible SME principal was covered, Rs. 57.365 billion had approached banks, and Rs. 5.729 billion had already been restructured. He urged remaining eligible borrowers to contact banks and said guidance had been sought from the Central Bank to extend relief windows fairly.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 As stated, within days of assuming office, we prepared necessary amendments and launched the relief mechanism. Grouped by principal size, grace periods were granted up to 31 Dec 2025, end-September 2025, and end-June 2025. About Rs. 160.8 billion of eligible SME principal has engaged; approx. Rs. 57.365 billion (around 40%) has approached banks; about Rs. 5.729 billion has already been restructured, with more underway. We invite others to approach banks; relevant guidance has been sought from the Central Bank to extend relief windows fairly.
Provenance
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- Hansard, Wednesday, 21 May 2025 ·No. 1749121318003248 ·English daily/uncorrected Hansard
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Cite as: The Hon. (Dr.) Harshana Suriyapperuma - Deputy Minister of Finance and Planning. 10th Parliament, Parliament of Sri Lanka. Hansard, 21 May 2025. No. 1749121318003248. Politick, https://staging.politick.io/lk/speeches/8172