Deputy Minister of Finance and Planning Professor Anil Jayantha Fernando said in Parliament that the government remains highly confident of successfully achieving the nine billion US dollar foreign reserves target by the end of this year, driven by the positive trend in foreign remittances.

Sri Lankan expatriate workers remitted over five billion dollars during the first seven months of 2026. Consequently, authorities are working to diversify foreign exchange sources and attract higher levels of foreign direct investment to tackle major foreign debt repayments maturing in 2028.

Answering a question raised by parliamentarian Ravi Karunanayake, the deputy minister pointed out that the administration places special focus on increasing net foreign exchange inflows through various channels including investments, exports, and remittances. With the country facing approximately 3.9 billion dollars in foreign debt repayments in April 2028, financial strategies continue developing to boost foreign revenue through non-traditional sectors and direct workers toward high-earning international labor markets.