We welcome the announcement of the creation of the SWF in the 2011 Budget Speech. Prior to the setting up of the fund, there would be consultations with experts in the field to advise us on the model that would best suit our needs. 23.
Stimulus Package Following consultations with Government and other stakeholders, the Bank made available to Small and Medium Hotels, and Small and Medium Planters two Special Lines of Credit of Rs1.5 billion and Rs0.5 billion respectively, to support these sectors in the wake of the euro crisis. This measure was announced as the Bank’s contribution to the Economic Restructuring and Competitiveness Programme. 24.