Sri Lanka, March 16 -- The evolving global situation and the escalating conflict in the Middle East requires coordinated measures to safeguard economic stability. The Ceylon Chamber remains ready to work with the Government in addressing potential economic risks and has outlined detailed policy recommendations.

The Chamber, in its submission of 11 March 2026, recommended a number of policy measures aimed at mitigating potential economic risks. These included prioritizing the continuation of the IMF programme and the timely receipt of upcoming tranches, as well as the introduction of a more dynamic fuel pricing mechanism and the re-introduction of the QR system for fuel distribution. The Chamber is pleased to note that steps have already be...