President Anura Kumara Dissanayake says Sri Lanka has recorded improvements in its international standing across several key sectors, with progress reflected in a range of global rankings and assessments.

Delivering the 2027 Budget speech in Parliament, the President said these improvements had been achieved despite the numerous economic and other challenges faced by the country.

He highlighted the improvement in Sri Lanka's sovereign credit ratings by Fitch Ratings, as well as the country's progress in Transparency International's corruption-related rankings.

The President also pointed to improvements in Sri Lanka's position in the Global Peace Index, describing the developments as evidence of progress across several areas.

He further noted that Sri Lanka was among the fastest-improving economies in terms of economic development and had gained recognition as one of the world's leading travel destinations.

President Dissanayake also highlighted Sri Lanka's improved economic standing, noting its position as an upper-middle-income economy.

He said these developments reflected the progress achieved by the country despite the challenges encountered during the Government's efforts to stabilise and transform the economy.

President Dissanayake commenced delivering the 2027 Budget speech in Parliament at 1.40 p.m. today. The 2027 Budget is the third presented by the National People's Power-led Government, following Cabinet approval of the proposals earlier today.