Monday Dec 15, 2025
Monday Dec 15, 2025
Wednesday, 17 September 2025 00:14 - - {{hitsCtrl.values.hits}}
A pre-Budget discussion on the banking, finance and insurance sector was held yesterday afternoon at the Presidential Secretariat, chaired by the Minister of Labour and Deputy Minister of Economic Development, Dr. Anil Jayantha Fernando.
The discussions focused extensively on the support that the banking sector can provide to the Government’s program, led by the President, to achieve the country’s economic growth targets.
Representatives also presented their views and proposals in this regard.
Special emphasis was placed on enhancing efficiency in the banking and financial sector through digitalization, expanding programs targeting small and medium-sized enterprises and introducing new insurance schemes.
Labour Minister and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando noted that these proposals will receive due consideration in the upcoming Budget.
It was further highlighted that this was the first time stakeholders from the insurance sector had been invited to a pre-budget discussion and the participants expressed their appreciation to the Government for extending the invitation.
Senior Presidential Adviser on Economic Affairs Duminda Hulangamuwa, Sri Lanka Export Development Board Chairman Mangala Wijesinghe, officials from the Ministry of Finance, and several senior officials representing the banking, finance and insurance sector also took part in the discussion.
