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Sri Lanka’s SDG progress outperforms global average amid economic challenges – IPS
Despite the numerous setbacks suffered by Sri Lanka during the past few years, it was still making progress, compared to the world average, in achieving Sustainable Development Goals (SDGs), a report titled ‘Public Investment for Closing the SDG Financing Gap: Sri Lankan Perspective’ released by Institute of Policy Studies Of Sri Lanka (IPS) has said.
The report says Sri Lanka needs additional investment of around 1.4 trillion U.S dollars or 12 percentage points of GDP in 2030 to fulfil the SDGs.
The author of the publication Lakmini Fernando said that prior to the pandemic Sri Lanka recorded an above the world average rate for SDG progress on the SDG Index. The world average at that period was 0.69 points while Sri Lanka was progressing at 0.72 points yearly.
“The post-pandemic SDG progress is lower and progress on the SDG Index has stagnated. However, Sri Lanka has a comparatively higher progress rate of 0.16 points a year, while on average lower-middle and upper-middle income countries record a very low progress rate of 0.09 points a year,” the report said.
The SDG Index is an assessment of each country’s overall performance on the 17 SDGs, giving equal weight to each Goal. The score signifies a country’s position between the worst possible outcome (score of 0) and the target (score of 100).
The report states that Sri Lanka was keenly poised for growth at the time of independence in 1948 and again with the major policy shift in 1977 from an inward-oriented and import-substitution to being outward-oriented and export promotion-based economy.
“However, Sri Lanka’s high pre-pandemic growth declined to a historically low level of -3.6% (negative) in 2020 (Figure 5). The traditional agricultural economy has leapfrogged into a service-oriented economy without considerable developments in the industrial sector, a major hindrance to the productive capacity of the economy (Figure 6). Policy inconsistencies and delayed implementation of necessary structural reforms have further deteriorated the economy,” the report says.
Except for during 1992-2000, Sri Lanka continues to suffer balance of payment (BOP) crises, IPS said. The country had 16 arrangements with the IMF and although a certain degree of cushioning the economy is witnessed, the conditionalities on structural reforms have never been completed. After several discussion rounds, the 17th bailout package was granted in March 2023.
“Sri Lanka’s high public expenditure needs are characterised by an ageing demographic profile. Debt stabilisation through building a primary surplus, credible fiscal policy conduct and domestic revenue mobilisation is crucial in the consolidation process. This needs to be further supported with non-debt creating foreign currency inflows to ensure fiscal sustainability,” the report read.
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President pays homage to the Sacred Tooth Relic
President Anura Kumara Dissanayake visited the historic Sri Dalada Maligawa (Temple of the Sacred Tooth Relic) in Kandy on Thursday (01) morning , where he paid homage to the Sacred Tooth Relic and received blessings for the New Year. Thereafter, the President called on the Mahanayake Theros of the Malwathu and Asgiri Chapters and received their blessings.
The President also participated in religious observances held at the Temple of the Sacred Tooth Relic and engaged in cordial conversation with devotees who had gathered to mark the New Year.
Subsequently, the President visited the Malwathu Maha Vihara and called on the Most Venerable Thibbatuwawe Sri Sumangala Mahanayake Thero. The President also inquired into the well-being of the Mahanayake Thero and engaged in a brief discussion.
The Deputy Registrar of the Malwathu Chapter, the Most Venerable Rajakeeya Panditha Darshanapathi Mahawela Rathanapala Nayaka Thero, was also present on the occasion. The Maha Sangha chanted Seth Pirith and invoked blessings upon the President.
The President also met the Anunayake of the Malwathu Chapter, the Most Venerable Dimbulkumbure Vimaladhamma Thero, and inquired into his well-being.
Subsequently, President Dissanayake visited the Asgiri Maha Vihara, where he met the Most Venerable Warakagoda Sri Gnanarathana Mahanayake Thero of the Asgiri Chapter and engaged in a brief discussion.
Extending New Year blessings to the President, the Asgiri Mahanayake Thero expressed his best wishes for the successful continuation of the Government’s programme, led by the President, aimed at building a more prosperous nation for the people, with renewed strength and determination in the New Year.
The President also met the Anunayake of the Asgiri Chapter, the Most Venerable Narampanawa Ananda Anunayake Thero, and held a brief discussion.
During these meetings, the President briefed the Mahanayake Theros and Anunayake Theros of both chapters on the measures being implemented by the Government to address the challenges arising from the most severe natural disaster in the country’s history experienced in the past year. The Maha Sangha extended their blessings for the successful continuation of these efforts.
Deputy Minister of Transport and Highways, Prasanna Gunasena, Member of Parliament Thanura Dissanayake and several others were also present on the occasion.
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Foreign warships commended for their assistance during weather disaster in Sri Lanka
Highlighting the spirit of global and regional cooperation, the Sri Lanka Navy acknowledged the invaluable support by foreign warships, which had arrived to take part in the International Fleet Review (IFR) 2025, extending much-needed Humanitarian Assistance and Disaster Relief (HADR) operations, during the recent weather disaster in Sri Lanka.
The IFR 2025 was held off the Galle Face seas, marking the milestone 75th anniversary celebrations of the Sri Lanka Navy.
Representing the Government of Sri Lanka, Prime Minister Dr. Harini Amarasuriya graced the event and received the traditional naval salute from onboard SLNS Gajabahu, as the participating foreign warships paid their honours.
Eight (08) foreign naval warships arrived in Sri Lanka by 27 November to take part in the IFR under the theme “Sailing Strong – Together”. The participating warships included the Bangladesh Navy’s BNS PROTTOY, the Indian Navy’s aircraft carrier INS VIKRANT and INS UDAYGIRI, Iran Navy’s IRIS NAGHDI, the Maldivian Coast Guard’s CGS HURAVEE, the Royal Malaysian Navy’s KD TERENGGANU, Pakistan Navy’s PNS SAIF and Russian Navy’s GREMYASCHCHY.
Due to the disaster-situation triggered by severe weather conditions across the island, foreign warships that arrived for the event were promptly redirected to support humanitarian efforts. Particularly, helicopters deployed from the Indian Navy’s aircraft carrier INS VIKRANT and Pakistan Navy’s PNS SAIF played a praiseworthy role in search and rescue missions for affected communities.
Accordingly, the warships representing each nation joined the IFR, honouring proud maritime traditions and in acknowledgement of Sri Lanka and its Navy. Their participation also reinforced collective cooperation and partnership needed to address non-traditional maritime threats in the region, as well as natural disasters driven by climate change.
The Prime Minister expressed gratitude to a group of diplomatic officials, present on this occasion, for their support in the disaster relief operations. The officials, who were present on the occasion, represented the High Commissions and Embassies of Bangladesh, India, Iran, Maldives, Malaysia, Pakistan, and Russia in Sri Lanka.

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I invite you to step into 2026 with renewed energy, hope, and determination – PM
Prime Minister Dr Harini Amarasuriya in her New Year message invited all Sri Lankans to step into 2026 with renewed energy, hope, and determination.
The PM’s New Year message:
“As we move forward to the New Year of 2026, it is timely to reflect on the year 2025 that has passed. The year 2025 can be granted as a year having made a number of decisive and progressive steps with a people oriented government.
I am confident that, within a new political culture, we were able to strengthen transparency in state governance and lay the foundation for an efficient and corruption free public service.
We can be satisfied with the progress achieved in several key areas during 2025, including economic stability, the increasingly positive and optimistic international perception towards our country, the establishment of transparent systems of governance, and the strengthening of the sovereignty of the legislation system.
However, the unfortunate disastrous situation we experienced towards the end of 2025 was a challenging period for our nation. While it deeply moved us all, the spirit of solidarity, compassion, and collectivity shown by Sri Lankans during that difficult situation received admiration across the world.
As we step into the New Year 2026, we hold commitment to overcoming those challenges, healing from the disaster, and restoring the lives and livelihoods that were affected.
Moving forward with the goals such as initiating qualitative and sustainable transformation in the education sector, digitalizing all sectors of the public service, creating an enabling environment for entrepreneurs, artists, and creators with innovative ideas to rise on the global stage, and building a compassionate, environmentally friendly society free from drugs and harmful substances I would like to remind, at this moment, that the responsibility of rebuilding this nation rests upon the entire nation, together with the government, transcending differences of ethnicity, religion, or political affiliation, and united by a strong Sri Lankan identity.
Transforming all the challenges we experienced in the past year into sources of strength, I invite you to step into 2026 with renewed energy, hope, and determination.
I extend wishes for a victorious New Year filled with peace, happiness, and prosperity.”
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