This framework aims to simplify the process for entrepreneurs to register their businesses, access modern technologies, and secure specialized financial assistance. It also offers advisory services to help entrepreneurs grow, moving away from traditional methods at no cost. The second day of the dialog was concentrated on discussing the implementation and actionable strategies of the National SME Strategy Framework 2026, featuring a series of panel discussions. During the event, Deputy Minister Chathuranga Abeysinghe presented the framework to the Prime Minister. The Prime Minister highlighted that the country is pursuing its transformative agenda amid global instability. She emphasized the necessity of adaptability, sustainability, and resilience, particularly in the SME sector. The Prime Minister noted that the government must ensure consistency, stability, and collaboration within this sector. Attendees included Minister Sunil Handunnetti, Deputy Minister Chathuranga Abeysinghe, Australian Deputy High Commissioner to Sri Lanka Ms. Ruth Baird, and Secretary to the Minister of Industry and Entrepreneurship Development Mrs. J.M. Thilaka Jayasundara, along with various development partners and business representatives. In a separate development, Opposition Leader Sajith Premadasa criticized the government's proposed changes to the Inland Revenue Act. He expressed concern that a new provision in the draft law could result in unjust criminal charges against ordinary citizens and small business owners regarding tax administration issues. Premadasa stated that the public is not opposed to paying taxes, but they feel frustrated by the perceived unfairness in the proposed legislation.
