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Minister Handunneththi Engages IMF on Industrial Sector's Economic Contribution
The Pulse
EconomyPoliticsMonday, April 6, 2026

Minister Handunneththi Engages IMF on Industrial Sector's Economic Contribution

Minister of Industry and Entrepreneurship Development, Sunil Handunneththi, held a special meeting with representatives from the International Monetary Fund (IMF) on April 6. The discussions primarily focused on the Sri Lankan industrial sector's potential and its vital contribution to achieving economic stability within the country. Minister Handunneththi briefed the delegation on the challenges confronting Small and Medium-sized Enterprises (SMEs) and outlined the government's policy measures implemented to support their growth and recovery. The meeting, held at the Ministry of Industry, also saw the Minister inform the IMF delegation about policy decisions taken by the government to uplift SMEs. The IMF representatives acknowledged the significant role of industrial sector development in Sri Lanka's ongoing economic reform process.

Story Update

Update #2\u00b7 Apr 7 · 4:47 AM

New details have emerged regarding the meeting between Minister of Industries and Entrepreneurship Development Sunil Handunnetti and the International Monetary Fund (IMF). The discussion, which included IMF Resident Representative Martha Woldemichael and two economists, focused on the progress of the domestic industrial sector and upcoming economic reforms. The IMF reportedly commended the industrial sector's importance for driving economic stability and growth. Key topics also included strengthening support for Small and Medium-scale Enterprises (SMEs), removing barriers to production, simplifying export processes, and creating a favorable environment for foreign investment.

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