Cabinet approved B10.5bn in FY2027 funds for flood victims plus a Finance Ministry package. For SMEs: GSB will lend B30bn via commercial banks to flood-hit SMEs at up to 3.5% for two years, then 5% in years three to five. Debt relief from state banks includes payment suspensions of at least three months. Customs duty is waived until March 31, 2027 on new machinery to replace flood-damaged factories and hotels in declared disaster areas. Ask your bank about on-lending and debt restructuring now.
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