Government struggles to mobilise funds for loans at subsidised interest for virus-hit sectors

With demand for the loan at 5 percent interest is growing, the government has put in Rs1 billion and the central bank will inject Rs3 billion in the Rs50 billion fund.

The government is yet to generate any sizable sources to finance the Business Continuity Credit Plan meant to support the micro, small and medium enterprises and tourism industry badly affected by the Covid-19 pandemic even though the plan came into implementation last month.