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COLOMBO(News 1st); President Anura Kumara Dissanayake stated that future incentives will be introduced to encourage export diversification and the development of value-added products.
The President further said that the role of governments is to support industries rather than hinder them and he underscored the necessity of consulting with relevant sectors during the regulation drafting process, ensuring sufficient time is allocated for their execution.
The President made these remarks yesterday (29) at the Presidential Secretariat during the 2026 pre-budget discussion with private sector representatives from the agriculture and food & beverage sectors.
The meeting focused on providing facilities for farmers, exports, tax concessions, recycling and the legal environment affecting the sector.