Tuesday, 8 December 2009

SRI LANKA: Nearly SLR 2 billion deposited by Tamil refugees

``Many of the displaced had come to the camps with cash strapped to their arms and legs. Forty feet containers were transformed into mobile banks so that the people could deposit the money and valuables. Telecommunication facilities were also given so that they could get remittances from relatives abroad,’’ governor of Central Bank of Sri Lanka, Ajith N Cabraal, told HT.

``As more Tamils get resettled, we expect that remittances they have been getting from abroad would also increase,’’ Cabraal said. He added that in a recent meeting in Jaffna, commercial banks in the five districts of the northern province – large parts of which were under the Liberation Tigers of Tamil Eelam (LTTE) – were instructed to release about SLR 1 billion this month in small loans to help Tamils resettle. Seven other financial schemes for the resettled were also being implemented. Read more

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