The Cabinet approved Finance Minister Basil Rajapaksa’s proposal to implement a working capital loan scheme under concessionary conditions to re-energize public ventures, Co-Cabinet Spokesman Plantations Minister Dr.Ramesh Pathirana said.

He was speaking at a media conference held yesterday at the Government Information Department to inform the decisions taken at this week’s Cabinet meeting. The Government implemented a concessionary loan scheme named “Saubhagya COVID-19 Rehabilitation Facility” by 2020 end, with the outbreak of COVID-19 pandemic in the country, under the supervision of the Central Bank of Sri Lanka to accomplish working capital requirements for minor and medium scale (SME) sectors.