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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The Government has initiated steps to protect, reassess and potentially develop a major vein quartz deposit at Kotikambokka (Dhamani Thiruvana) in Monaragala District, following a field visit by Industry and Entrepreneurship Development Minister Sunil Handunnetthi.
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Sri Lanka must adopt far-reaching economic reforms to convert its post-crisis stabilisation into long-term, investment-led growth, ODI Senior Fellow Dr. Ganeshan Wignaraja said at the Asia Securities Investor Conference 2026.
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Sri Lanka’s failure to appoint a permanent Auditor General since April 2025 has led to severe disruptions in national audit operations and parliamentary oversight, raising concerns over governance and donor-funded reforms. Following the retirement of Auditor General Chulantha Wickramaratne, the National Audit Office has functioned under acting arrangements for over nine months, weakening its authority and delaying audit reports.
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Community savings and credit organisations have raised strong objections to the proposed Microfinance and Credit Regulatory Authority Bill, warning that it could undermine long-standing grassroots financial systems.
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The Government’s assistance programmes for MSMEs affected by Cyclone Ditwah came under scrutiny at a recent parliamentary seminar, amid criticism that recovery support has been slow to reach affected businesses.
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The launch of construction at Colombo Port City’s first residential development is being hailed as a turning point, but beneath the optimism lies a more complex investment story still unfolding.
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