FCCISL Unveils 5-Point Strategy for Economic Recovery & B-READY 2026 📈

• The Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) presented five strategic Budget proposals for 2026, aimed at accelerating economic recovery and preparing Sri Lanka for the World Bank's Business Ready (B-READY) Index 2026. • The plan, based on the PwC–FCCISL Business Resurgence Study, focuses on modernising institutions and strengthening the private sector to transform the business environment. • Key Proposals: • Public Service Transformation Fund: Decisive national shift towards streamlined, automated, and performance-driven public services through process re-engineering and digital integration to reduce bureaucratic barriers. • Strengthened SME and Business Resurgence Mechanism: Integrated, district-level support for SMEs to access fast-tracked approvals, digital services, and dispute resolution, restoring 'real economy' momentum. • GovData-SL: Creation of a unified national digital data platform for transparent, evidence-based policymaking, tracking regulatory performance, and verifiable B-READY reporting. • National Business Reform and Facilitation Council (NBRFC): Proposed under the Finance Ministry to coordinate reforms, harmonise regulations, and accelerate cross-ministerial decisions. • District-Level Entrepreneurship Program: National model to strengthen regional competitiveness, support local SMEs, and facilitate investment through integrated, digitalised district administration. • FCCISL is calling for broad national and international partnership to implement the reforms, enhance predictability, and reposition Sri Lanka as an investment-ready economy.