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As Budget 2027 approaches, the government’s 2026 budget proposals on state owned institutions remain unmet. This is similar to proposals by successive governments on the reform and restructuring of state-owned institutions since the 2022 economic crisis.
Kachchatheevu is a small, uninhabited island located in the Palk Strait between Sri Lanka and India. Its economic value comes from the fishing grounds that belong to Sri Lanka, by mutual agreement between both countries. These waters support a large share of Sri Lanka’s fishing economy.
The National Export Development Plan 2026-2030 has an ambitious target of increasing export revenues by 80% within 5 years. Export revenue from goods and services amounted to US$ 20 billion in 2025 and the NEDP aims to reach US$ 36 billion in export revenue by 2030.
Sri Lanka’s food security is under pressure amid rising global fertiliser prices. Global fertiliser prices are 30–40% above pre-conflict levels, driving up costs for local farmers and threatening domestic yields. 57% of Sri Lanka's fertiliser comes from China and 22% is from suppliers in the Middle East. China has halted exports of its fertiliser to preserve its own domestic food production. Rising fertiliser costs in India have resulted in food price increases and export res
Exports of Sri Lankan goods to the Middle East Region amounted to $1,215 million in 2025 – approximately 11% of the country's total revenue from goods exports. The United Arab Emirates is Sri Lanka’s largest Middle Eastern goods export market, worth $334 million in 2025. 57% of exports to the Middle East are tea, coffee and spices. Global shipping rates will rise due to the on-going conflict. The closure of the Strait of Hormuz affects supply and demand into the region. This
