COLOMBO, Sri Lanka (September 3, 2024) — In a significant move to support the agricultural sector, the government has decided to write off all outstanding loans taken by farmers. The Presidential Media Unit announced that this decision aims to provide much-needed financial relief to farmers, enabling them to recover from economic hardships and continue their contributions to the country’s food production.
This initiative is part of a broader strategy to boost the agricultural economy and ensure the sustainability of farming communities. The government’s decision is expected to alleviate the financial burden on farmers and promote agricultural growth across the nation.
