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DateLine Sunday, 22 June 2008

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Shortage of coconuts hits all sectors

The shortage of coconuts in the country is adversely affecting all sectors of the coconut industry. Coconut cultivators cannot provide coconuts to the processing and other value added sectors due to the drop in production.

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Need for SMEs to access more funds stressed

Only 40 per cent of the SMEs have access to banking and other financial institutions. Our intention is to create an environment for more SMEs to gain access to the formal funding sources, Financial Markets Specialist International Finance Corporation (IFC), Deva De Silva said.

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