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

“Strong international relations essential”;Opposition critical of FM's performance at recent summit (English)

“Strong international relations essential”;Opposition critical of FM's performance at recent summit (English)

Attack on IRIS Dena by US submarine; No nation imposed any pressure on Sri Lanka: Dy Minister (English)

NPP Govt. acting as proxy of foreign powers - Sarvajana Balaya apprises Sri Lankans in Australia (English)

CEB officially dissolved Six successor companies take over operations effective today (English)

🔴LIVE - Ada Derana Prime Time News Bulletin

🔴LIVE - Ada Derana Midday Prime News Bulletin

Sarvajana Balaya's ''Women's Power'' celebrates International Women's Day 2026 (English)

US says it will not influence Sri Lanka's decisions; SL will not align with any party – Minister (English)