The National Advisory Committee, which operates with the aim of identifying problems faced by small and medium-scale entrepreneurs and providing sustainable solutions, launched its activities recently at the Parliamentary Complex.
The committee met under the co-chairmanship of Deputy Minister of Finance and Planning. Dr. Harshana Suriyapperuma, and Deputy Minister of Industry and Entrepreneurship Development, Chaturanga Abeysinghe.
The advisory committee includes experts from various fields to represent all aspects of small and medium-scale entrepreneurs in accordance with current business needs and challenges. Senior government officials on this committee contribute to policy formulation, state financial management, and policy decisions for public administration procedures, the Finance Ministry said in a statement.
A representative of the Central Bank has been included in the committee strengthen access to finance and creating a suitable environment for the SME sector to conduct business by regulating the banking sector.
This advisory committee has been structured to ensure proper representation for small and medium entrepreneurs, the statement added.
Several financial sector experts, bankers, and university professors with knowledge of business from the education sector have been appointed to this committee.
The Committee will provide strategic guidance for policy formulation while ensuring coordination of all government and private institutions involved in small and medium enterprise development.
