Sri Lanka’s Economy Is Back on Track - ST

COLOMBO (News 1st); Sri Lanka is witnessing a resurgence in investor confidence and economic stability, according to Dr. Harshana Suriyapperuma, Secretary to the Treasury. 

Speaking at a public forum, Dr. Suriyapperuma emphasized that the current administration has restored trust among both local and foreign investors through a governance model rooted in transparency and zero tolerance for corruption.

“Confidence is the key theme today—not just among Sri Lankan businesses, but also foreign governments, investors, and multilateral agencies,” he said. “This is not just a statement; it’s being implemented through judicial reforms, administrative discipline, and inclusive decision-making.”

He noted that Sri Lanka’s All Share Price Index (ASPI) is recording historic highs, banking sector asset quality is improving, and credit is flowing back into the economy. The SME sector is also receiving targeted relief to support growth.

In a landmark move, the Ministry of Finance has introduced a new section on its official website outlining future development projects for 2026 and beyond, marking a shift from past practices that relied heavily on unsolicited proposals and unsustainable financing.

Dr. Suriyapperuma stressed that financial discipline and strategic planning are now central to Sri Lanka’s economic recovery, adding:

“Sri Lanka will rise again. This is just the beginning of a new chapter for our economy.”