Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake will present his government's budget for 2026 in Parliament today, the second by him upon election to office, and it is expected to be aligned with the International Monetary Fund (IMF) economic reform agenda.

After confronting the worst-ever economic crisis in 2022, Sri Lanka struck a programme with the IMF. Since then, the country has prepared its national budgets attuned to achieve targets envisaged under the IMF Extended Fund Facility.

The economy has strengthened whereas inflation has returned to single digits. It is remaining low at the moment. Sri Lanka now has foreign reserves amounting to US $ 6. 1 billion. Also, the country achieved a primary surplus of 2.3 percent. With ...