Sri Lanka, Nov. 7 -- President Anura Kumara Dissanayake presnting the Budget - 2026 in Parliament, pledged to maintain inflation below 5 percent and accelerate the country's post-crisis economic recovery.
The President said his government aims to restore Sri Lanka's pre-crisis economy by the end of 2025, four years ahead of earlier projections, while increasing the nation's foreign reserves to 7 billion US dollars within this year.
Outlining key fiscal targets, President Dissanayake said the government plans to reduce the debt-to-GDP ratio to 87 percent by 2030 and restructure SriLankan Airlines' USD 210 million debt before December.
He also announced plans to introduce an e-procurement system to enhance transparency and efficiency in ...
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