FINANCIAL CHRONICLE – The Cabinet of Ministers in Sri Lanka has approved a proposal to establish a Committee on Economic Surveillance. This committee is tasked with monitoring the effects of the West Asian conflict on Sri Lanka and providing recommendations to the cabinet, as announced by Minister Nalinda Jayatissa.
The committee will be led by Minister of Labor Anil Jayantha Fernando and will include experts in the field, as well as heads of relevant institutions.
“The current war situation in the Middle East region has created an unstable global environment that could have adverse effects on the economy,” Jayatissa informed reporters.
“As a very small open economy, Sri Lanka is exposed to external economic shocks due to its dependence on energy imports, remittances from expatriate workers in the Middle East region, and trade and investment relations with that region,” he added.
(Colombo/Mar10/2026)
