## Macro Stability: Govt. Targets 100 New Listings to Fuel Growth 📈

Deputy Minister Chathuranga Abeysinghe has outlined a strategic shift toward capital market financing to drive Sri Lanka's industrial expansion and ensure long-term stability. • Capital Market & Industry Targeting 100 new firms to list on the stock market within 2–3 years. Aiming to reduce heavy reliance on bank debt, which currently leaves local industries vulnerable to economic shocks. Focusing on equity financing, debentures, and bonds to build globally competitive Sri Lankan brands. • Macroeconomic Outlook & Growth GDP growth projected at approximately 5% going forward. Fiscal discipline and IMF-supported reforms have stabilized inflation and interest rates. Debt servicing expected to remain manageable, forecasted below US$ 3.5 Bn annually until 2032. • External Sector Performance Exports reached US$ 17.2 Bn last year; remittances exceeded US$ 8.1 Bn. FDI inflows surpassed US$ 1.2 Bn, with a target of over US$ 2 Bn annually. Key growth sectors identified: tourism, electronics manufacturing, tech services, and value-added agriculture. • Structural & Digital Reforms Implementation of a new national trade and tariff policy and a PPP framework. Digitalization of all government transactions to reduce bureaucracy. Business registration simplified to a 2-day process, down from submitting 15+ documents. _Note: Forecasts are based on current trajectory and provisional government data._