Sri Lanka, Oct. 14 -- Expansion of loan access opportunities for individuals who completely settled past loans is requested through a letter sent to the President. This request came from Sri Lanka Podujana Peramuna National Organizer and Parliamentarian Namal Rajapaksa.

Past loan details remain in credit information bureau records for up to five years even after full settlement, creating serious difficulties for individuals and entrepreneurs when seeking new loans. The letter asks the President to implement specific proposals in the 2027 budget by considering models from countries like Malaysia.

These proposals include updating credit bureau reports within five working days after complete loan settlement, clearly marking fully settled l...