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Sri Lanka’s 2026 budget: between reform fatigue and fiscal reality

ECONOMYNEXT – As Sri Lanka prepares to unveil its 2026 budget on Friday this week, President Anura Kumara Dissanayake faces perhaps the most defining moment of his one-year old administration. The budget will be more than a fiscal plan. It will be a test of political credibility for a government that came to power promising a clean break from the corruption, inefficiency, and economic mismanagement that plunged the country into its worst financial crisis in 2022. In Sri Lanka, budgets are not viewed as a means of democratic control, where the state is restrained from imposing arbitrary spending and tax…

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