Former State Minister of Finance Shehan Semasinghe has urged the Government to act with foresight and stay alert to evolving global challenges.

Citing the Asian Development Bank’s forecast, Semasinghe noted Sri Lanka’s growth is expected to slow to 3.9% in 2025 and 3.4% in 2026 after reaching 5% in 2024.

He emphasised that reforms must continue, especially as rising tensions between India and Pakistan could impact regional economies, including Sri Lanka.

Semasinghe stressed the need for resilience against external shocks amid growing instability.