Sri Lanka, Oct. 22 -- Economic Development Deputy Minister Nishantha Jayaweera told Parliament yesterday that the government has decided to allocate a record two trillion rupees (Rs.2,000 billion) for capital expenditure in the 2027 fiscal budget which is the highest amount ever earmarked for capital and development expenditure in the country's history. "Allocating funds for capital expenditure specifically through the development of infrastructure provides significant support to micro, small and medium-sized enterprises (MSMEs), enabling them to expand their business opportunities.

The primary objective behind the borrowing limits established under the Public Debt Management Act is to facilitate access to credit for MSMEs. This is inten...