Banking Facility and Credit Support to the Local Economy

Abstract

This correspondence from P.B. Jayasundara, Secretary to the President, informs W.D. Lakshman, Governor of the Central Bank of Sri Lanka, about the President’s humanitarian concerns and initiatives. As outlined, the Central Bank is expected to take strong actions and direct commercial banks, finance companies, and leasing agencies to extend benefits to people and businesses impacted by social distancing measures.