Sri Lanka has begun consultations on a proposed Four-Band Tariff Policy under the 2026 Budget, aiming to streamline duties and support domestic industries as the United States raises tariffs on selected Sri Lankan exports.
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Sri Lanka’s issuance of new performance-linked sovereign bonds under its debt restructuring programme enters a challenging implementation phase as authorities work to meet strict IMF targets.
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Sri Lanka’s anti-corruption watchdog has revealed widespread procedural failures within State institutions, raising concerns over their impact on economic recovery in 2026.
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Sri Lanka is set to introduce a nationwide digital identity system by the third quarter of 2026 under the Sri Lanka Unique Digital Identity (SL-UDI) project, supported by a Rs. 10.4 billion grant from the Government of India.
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As a civil society organisation, we are pleased that the Constitutional Council (CC) has unanimously agreed on the appointment of the Auditor General (AG), bringing to an end the prolonged disagreement over this key position. The eight-month delay in appointing an AG was harmful to the country, both domestically and internationally, and this must be acknowledged.
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The Embassy of the Democratic Socialist Republic of Sri Lanka in Japan ceremoniously marked the 78th Anniversary of Sri Lanka’s Independence at an official event held in Tokyo. The celebration brought together members of the diplomatic community, Japanese officials, Sri Lankan expatriates, and friends of Sri Lanka to commemorate the nation’s rich heritage and enduring friendship with Japan.
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The Finance Ministry has formally established a Tax Policy Analysis Unit (TPAU) under the Department of Fiscal Policy, marking a key institutional reform aimed at strengthening Sri Lanka’s fiscal management framework.
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Prime Minister Dr. Harini Amarasuriya has underscored the Government’s commitment to inclusive economic growth at the MILCO National Dairy Farmers’ Profit Sharing, Insurance and Appreciation Programme 2026 at Temple Trees. Dr. Amarasuriya highlighted that the Government is on course to build an economy that delivers benefits to all citizens, citing the dairy sector’s progress as a key example. Organised …
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Sri Lanka’s economy remains fragile after its 2022 crisis, with foreign exchange shortages, rising debt, and limited access to international capital markets. In this context, Saudi investment especially from the Public Investment Fund (PIF) could be transformative.
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Sri Lanka’s energy sector is facing renewed scrutiny following allegations that substandard coal was imported from an Indian supplier for use in state-owned power plants. The Electricity Consumers’ Association (ECA) has urged authorities to immediately assess damage caused by the low-quality fuel and enforce remedies outlined in the procurement agreement.
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