SME and Economic Development
News about government initiatives to support small and medium enterprises through credit schemes, rating frameworks, and business advisory services. Multiple programs focus on strengthening the SME sector and driving economic growth.
"Collateral-free lending" – because nothing says "sustainable economic policy" like hoping 2,000 people simultaneously decide to be honest. Meanwhile, the SME Creditworthiness Rating Framework is just a fancy way of asking "are you *sure* you're not going to disappear with this money?" in bureaucratic.
“SME Creditworthiness Rating Framework and SME Connect Awards":Driving economic growth by strengthening the small and medium enterprise sector Watch: https://t.co/nCorSzZMR5 #News1st #NewsFirst #NewsFirstEnglish #LKA #SriLankaNews #SriLanka #SMEConnect #EconomicGrowth
National Credit Guarantee Institution Ltd. commences operations: 2,000th loan facility presented under the collateral-free lending scheme Watch: https://t.co/5TT5Om6CVq #News1st #NewsFirst #NewsFirstEnglish #LKA #SriLankaNews #SriLanka #NationalCreditGuarantee #SMEFinance