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Govt. disburses over Rs. 4 b to SMEs: Treasury debunks critics

Daily FT

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November 14, 2025

Dr. Harshana Suriyapperuma clarifies Govt.-led and private sector-driven initiatives progressing well, with disbursements and reforms advancing faster than perceived, Says over 90% of, Rs. 20 b allocation already disbursed, Anticipates higher revenue target for 2026 as number of LCs opened for vehicle imports continue to soar

- BY CHARUMINI DE SILVA

Govt. disburses over Rs. 4 b to SMEs: Treasury debunks critics

TREASURY Secretary Dr. Harshana Suriyapperuma clarified concerns over small and medium enterprise (SME) sector funding and revenue projections, affirming that the National Credit Guarantee Institution has disbursed over Rs. 4 billion within five months since its establishment.

Responding to recent commentary on under-utilised SME funds at the 2026 post-Budget Forum organised by the Daily FT, in partnership with the University of Colombo MBA Alumni Association on Tuesday, Dr. Suriyapperuma said the Credit Guarantee Scheme had been more widely utilised than earlier suggested.

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