By The Pulseline News Desk
President Anura Kumara Dissanayake has highlighted improvements in Sri Lanka’s international standing across several key sectors, pointing to better sovereign credit ratings, progress in corruption-related assessments and gains in global peace and tourism rankings.
Presenting the 2027 Budget in Parliament today (12), the President said these developments reflected the progress made by the country despite the economic and other challenges it had faced in recent years.
Among the key improvements he highlighted was the upward revision of Sri Lanka’s sovereign credit ratings by Fitch Ratings, which he said reflected changes in the country’s economic position.
He also pointed to progress in Transparency International’s corruption-related assessments, suggesting that the country had made gains in strengthening governance and accountability.
The President further cited Sri Lanka’s improved position in the Global Peace Index, describing it as another indication of progress in the country’s international standing.
On the economic front, Dissanayake said Sri Lanka was among the fastest-improving economies in terms of economic development.
He also highlighted the country’s growing international recognition as a leading travel destination, pointing to the importance of tourism in supporting economic recovery and generating foreign exchange.
The President additionally referred to Sri Lanka’s position as an upper-middle-income economy as an indication of its economic progress.
He said the improvements across these indicators demonstrated that the country was making progress despite the difficult circumstances encountered during the Government’s efforts to stabilise the economy and move towards a new phase of economic transformation.
The claims come as the Government seeks to position the 2027 Budget as a transition from economic stabilisation towards longer-term growth, improved governance and stronger international confidence.
However, improvements in individual international rankings and assessments reflect different aspects of national performance and should be considered alongside continuing challenges in public finances, debt sustainability, household incomes and economic recovery.
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