📈 President Fast-Tracks IRD Reforms & E-Invoicing Rollout

President Anura Kumara Dissanayake has directed the Inland Revenue Department (IRD) to accelerate institutional reforms and digitalization to strengthen national revenue collection and compliance. • Digital Transformation: Immediate priority placed on the national e-invoicing system, with a mandate to complete the rollout within the stipulated 2026 timeframe to modernize ICT/BPM integration in tax administration. • Revenue & Compliance: Focus on recovering tax arrears and boosting overall collection through structural IRD reforms. • Institutional Restructuring: High-level review conducted on the IRD’s 2026 progress, emphasizing the need for a streamlined organizational framework. • Strategic Oversight: Meeting included Deputy Ministers of Finance and Economic Development, highlighting the initiative's role in stabilizing the broader economy and supporting sustainable employment and fiscal policy. _Status: Based on official directives from the Presidential Secretariat (April 2026)._