Srilanka, Nov. 9 -- Former Central Bank Governor Dr Indrajit Coomaraswamy emphasised the importance of maintaining Sri Lanka's economic growth at 5% or higher, while calling for policy reforms to remove the country's long-standing anti-export bias.

He made these remarks during the Annual Budget Analysis 2026 organised by KPMG on November 7, following President Anura Kumara Dissanayake's presentation of the 2026 Budget in Parliament.The President stated that the government aims for 7% medium-term economic growth.

According to the Budget 2026 proposals, total government revenue is projected at Rs. 5,300 billion, targeting a revenue-to-GDP ratio of 15.3%, while expenditure excluding interest payments amounts to Rs. 7,057 billion.

The budg...