Minister Calls for Loan Relief Amid High Interest Rates

The minister has called for loan relief as high interest rates continue to impact businesses. He argued that rescheduling loans could help affected firms resume operations. The minister emphasized the need for support due to the challenges posed by borrowing at 25% interest rates.

During a briefing on the National Highway Authority's finances, the minister noted that the authority's annual revenue was around Rs66 billion when he took charge two and a half years ago. He also mentioned that the current year's target has been set at Rs160 billion.

The delegation shared proposals with the prime minister, highlighting issues faced by the business community. They stressed the importance of mutual cooperation to promote industry growth, increase investment, and expand trade.