brand logo
Rate Us on BestWeb.lk
CCC presents 2026 nat’l budget proposals to Pres.

CCC presents 2026 nat’l budget proposals to Pres.

12 Sep 2025


The newly appointed Board of the Ceylon Chamber of Commerce presented its priority proposals for the forthcoming National Budget 2026 to President Anura Kumara Dissanayake, a statement released by the Chamber said.

According to the statement, its proposals were structured around five broad themes, with specific reforms aimed at strengthening growth and competitiveness.

Targeting trade and investment facilitation, the chamber urged the government to establish a National Single Window; modernise the Customs Ordinance and set up a dedicated Free Trade Agreement (FTA) negotiation team; advance a private-sector-led investment zone; and continue the facilitation of import/export clearance with the Board of Investment (BOI).

Further, a well-structured incentive scheme for both local and foreign large investments in line with other emerging markets was also proposed. Focusing on tourism and its infrastructure-related concerns, the chamber proposed launching a global marketing campaign for tourism and expediting the Bandaranaike International Airport (BIA) terminal expansion project.

On the digital economy, the chamber suggested accelerating the slated rollout of a National Digital ID and rollout of 5G broadband while expanding rural broadband.

In sector enablers, the chamber proposed boosting agricultural productivity through mechanisation and fostering an enabling environment for data centre investments.

Furthermore, the chamber proposed establishing a National B-READY Task Force to drive business climate reforms and implementation of a Public-Private Partnership Act, strengthening the National Agency for PPPs.

The Ceylon Chamber also highlighted progress made on previous budget submissions, noting the integration of 17 proposals into the 2025 national budget, with 14 of these already showing partial or advanced progress.

The President and the Ceylon Chamber leadership discussed the need for sustained collaboration between Government and business to move reforms forward, build investor confidence, and position Sri Lanka as a competitive and resilient economy.

The President emphasised the government’s priority areas, including comprehensive public sector reform, modernising procurement, and ensuring more opportunities for private sector participation in infrastructure development.

The President emphasised the Government’s commitment to fostering an enabling environment for growth by advancing public-private partnerships (PPPs) in key sectors, such as energy, tourism, and agriculture.

He further highlighted the importance of streamlining processes through pre-approved clearances to facilitate investments.

The Ceylon Chamber reaffirmed its commitment to partner with policymakers in ensuring effective implementation of reforms that will unlock growth opportunities and strengthen the role of the private sector in driving national development.




More News..