State banks down loan interest rates
All State banks will bring down their interest
rates on loans granted to customers to a minimum of eight percent
and a maximum of 12 percent with effect from today. Following the
Central Bank’s reduction of interest rates to very low level of 3-4
percent and having stability in the interest rates, the country’s
economic revival should accelerate.
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President tells KDA convocation:
No time to relax, work hard
President Mahinda Rajapaksa said yesterday one
cannot afford to relax just because terrorism was defeated but
should work hard for the development of the country and national
security. He said it was the duty of all to work towards taking the
country to a top position in the world.
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Resettlement going a pace
Rapid de-mining:
In line with the Government’s speedy
resettlement program, around 4,000 displaced people housed in
welfare villages are resettled daily, Army Commander Lieutenant
General Jagath Jayasuriya said.
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