Sri Lanka, Oct. 31 -- President Anura Kumara Dissanayake is scheduled to present the Budget Speech 2026 next week.

This is an important event that all sectors, especially the business community, are closely monitoring.

Coconut product exporters are among those keenly awaiting the budget, bringing a list of concerns and expecting the government to provide solutions and relief. Last year, export revenue from coconut and coconut-based products grew by about 21% to $855 million, compared to 2023. This year, the industry expects the figure to exceed $1 billion.

Despite the high expectations, the industry faces significant challenges, as stated by the Chairman of the Desiccated Coconut Millers' Association, Neomal Perera.

Perera stated the ...