The Joint Apparel Association Forum says Budget 2026 sets the right tone for export recovery, but warns that investor confidence depends on clarity, stability and real follow-through โ not just promises.
The Joint Apparel Association Forum (JAAF), representing Sri Lankaโs largest industrial export earner, has extended cautious praise for Budget 2026, calling it a positive step towards rebuilding the nationโs export competitiveness and investor confidence. However, the industry body warned that the true measure of success will depend on consistent execution and policy coherence in the months ahead.
In a statement, JAAF said the budgetโs emphasis on export-led growth, digitalisation and macroeconomic stability signals a promising shift toward a sustainable external sector. The forum welcomed the governmentโs renewed commitment to trade facilitation, investment promotion and digital governance, saying these efforts could sharpen the competitiveness of Sri Lankan exporters in a volatile global market.
Key proposals, such as reforms to the Inland Revenue Department, the introduction of RAMIS 3.0 and the roll-out of e-invoicing, were recognised as major enablers of efficiency and transparency in the post-SVAT era. These reforms, the forum said, address long-standing demands from exporters struggling with compliance and bureaucratic delays.
JAAF Secretary General Yohan Lawrence said the budget โdemonstrates encouraging intent to build a stronger export economyโ but warned that โclarity and consistency in policy implementation are what ultimately drive confidence.โ He stressed the importance of maintaining open dialogue with the private sector to ensure reforms are implemented smoothly and without unnecessary friction.
The association further emphasised that sustainable energy policies, logistics competitiveness and renewable energy facilitation must align with export priorities to maintain long-term momentum. JAAF reaffirmed its willingness to work with the government in crafting a unified national export strategy that supports industries, SMEs and the broader workforce driving Sri Lankaโs post-crisis recovery.
