Concessionary loans for hotels to pay salaries

Concessionary loans for hotels to pay salaries

Concessionary loans for hotels to pay salaries

Written by Staff Writer

06 Dec, 2020 | 12:28 pm

COLOMBO (News1st): The government has decided to offer loans under concessionary interest rates for hotels to pay salaries of permanent employees, a senior official said.

The loans would be offered using a USD 200 million dollar loan obtained from the Asian Development Bank, secretary to the ministry of tourism Siripala Hettiarachchi noted.

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