Sri Lanka, Nov. 9 -- The Joint Apparel Association Forum (JAAF) welcomed the Budget 2026, recognising its emphasis on export-led growth, investment facilitation, and continued macroeconomic stability.

The industry body commended the clear direction towards strengthening Sri Lanka's external sector and building investor confidence, while also calling for consistent implementation of reforms to sustain momentum.

The apparel industry - Sri Lanka's largest industrial export earner - viewed the renewed focus on digitalisation, and trade facilitation, enhanced capital allowances as positive steps that could enhance competitiveness and attract the much-needed foreign investment.

The reform of the Department of Inland Revenue, the introduction...