Govt. to tend to construction sector’s woes as finances improve

Govt. to tend to construction sector’s woes as finances improve

March 29, 2023   06:27 pm

Chief of Presidential Staff and Senior Advisor on National Security to the President Sagala Ratnayake has assured that the construction sector’s concerns would be addressed gradually, as the country’s financial sector improves.

Ratnayake gave this assurance during a meeting of the working committee on interest rates and bank recovery measures to uplift the construction sector, which was held at the President’s Office yesterday (28 March).

Accordingly, the financial constrains currently faced by the construction sector and the measures that could be taken in this regard, in view of the ongoing economic crisis, were discussed at length.

Speaking in this regard, the Chief of Presidential Staff stated that the Government intends to provide solutions to all the problems that have arisen within the sector.

Meanwhile, Secretary to the Ministry of Finance Mahinda Siriwardana and Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe, who were also present at the meeting, explained the country’s current financial state.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

No-confidence motion will be defeated,but govt will be exposed – says MP Dilith (English)

No-confidence motion will be defeated,but govt will be exposed – says MP Dilith (English)

Coal imports did not have proper laboratory accreditation – Lanka Coal Company GM admits (English)

Doctors to end island-wide strike tomorrow - GMOA (English)

🔴LIVE | Ada Derana Prime Time News Bulletin

Ada Derana Lunch Time News Bulletin 12.00 pm

MP D.V. Chanaka claims substandard coal deal loss could surpass Rs. 100 billion (English)

Govt has comprehensive plan to elevate living standards of farmers – President (English)

IMF reaches staff-level agreement on fifth and sixth reviews of Sri Lanka's EFF (English)