Sri Lanka's President Declares War on Black Economy

Sri Lankan President Anura Kumara Dissanayake has issued a stern warning against what he described as a deeply entrenched black-market network that is depriving the state of its rightful tax revenue.

Speaking during National Tax Week, the President pledged to dismantle the shadow economy and hold all those involved accountable — regardless of their status or affiliations.

“There’s a peaceful system we see on the surface — but beneath it lies a black system,” the President said. “This network includes smugglers, corrupt officials, political actors, and even elements of the media.”

He revealed that recent customs inspections uncovered illegally imported goods from well-known brands, exposing the scale of tax evasion and regulatory violations.

The President emphasized that:

• No one is above the law, including public officials and business elites.

• Every rupee of tax paid by citizens will be protected.

• Severe legal action will be taken against those who attempt to misuse public funds or evade taxes.

He called on all honest taxpayers to continue fulfilling their obligations, assuring them that the government is committed to protecting their contributions and restoring public trust in the state’s financial systems.