Annual Report 2010 - Ministry of Finance and Planning

6 | DEVELOPMENT FINANCEduring the year 2010 and almost 82.42percent of allocated funds have beenutilized as at 31st December 2010.Except NDB, all other banks haveutilized funds other than the releasedamount by utilizing their own funds,and the withdrawal applications forthis excess amount have already beenreplenished by ADB. The accumulativeachievements during 2010 are asfollows;• 597 loans amounting to Rs. 2,780million have been approved and 331loans amounting to Rs. 1,245 millionhave already been released to SMEsutilizing ADB funds.• Out of the four participatory banks,the highest loan disbursement hasbeen achieved by NDB, granting 115loans amounting to Rs. 366 million.• In terms of the amount disbursed,on geographical coverageKurunagala District accounts forRs. 288 million where as Mataraand Kandy Districts contributedRs. 291 million and Rs. 302 millionrespectively. This is shown in Chart6.2.• Food processing and beveragesector, and services sector haveamounted to 58 percent of thetotal disbursement, which consistof 31 percent by service sector,and 27 percent by the foodprocessing and beverage sector asshown in Chart 6.3.Chart 6.3 shows the progress by sectorson number of projects implemented forthe year 2010.Employment GenerationThe reduction of nationalunemployment to 4.9 percentin 2010 has contributed slightlyby generating employmentopportunity to the youth. Table6.2 shows the direct and indirectemployment opportunitiescreated under the project bysectors within the year 2010outside the Western Province.Table 6.2 > No of Employment Opportunities Created bySectors for the Year 2010SectorSource: DFCC, NDB, Commercial Bank, Sampath BankDirectEmploymentOpportunitiesIndirectAgricultural Sector 1,748 1,830Plantation Sector 109 0Industrial Sector 491 823Fisheries 491 111Service Sector 1,454 1,472Total 4,293 4,236Chart 6.2 > Progress by Districts on Number ofChart 6.3 > Progress by Sectors on11 32 11 27 9 8 4 4868 14 3910 1118 8 4 23 8 7 3 5 11145Projects for the Year 2010Number of Projects for the Year 201026105637181030284227309795028177Food Processing /Beverage ServicesGalleRatnapuraKurunegalaPuttalamHambantotaBadullaMataraKandyAnuradhapuraMetalEngineeringFruits /VegetableJewelleryAgro IndustriesSpicesKegalleNuwara Eliya MataleManufactureTextile GarmentsWood ProductsPlastic ProductsPolonnaruwa MonaragalaAmparaRubber ProductsAnimal HusbandryVavuniyaJaffnaAquarium/ FloricultureEducationTrincomaleeFertilizer and Agro Chemical Herbal/ Natural ProductsBatticaloaMannarKilinochchiLeather & allied productsHandicrafts292