Concessionary loans for hotels to pay salaries

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Concessionary loans for hotels to pay salaries

Admin - 06 December 2020 - (1693)

Concessionary loans for hotels to pay salaries

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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