To the attention of the Honorable Speaker, Party Leaders and Hon. Parliamentarians

Hon Speaker, Party Leaders and Members of Parliament
Parliament of Sri Lanka
Sri Jayawardenepura Kotte

Dear Sir/Madam,

Impending economic crisis needs to be resolved urgently to prevent a serious catastrophe

We the undersigned chambers and associations, unanimously wish to bring to your attention the catastrophic economic wave that is heading towards all of us. Our organizations collectively representing exporters, importers, manufacturers, tourism sector, shipping and logistics providers, other service providers along with many other vital sectors of the economy are witnessing a fast and a steady collapse of the supply chains, which could in turn seriously disrupt both financial markets and banking systems.

If all industries, exports and other critical sectors of the economy come to a standstill, the result will be the destruction of the entire social fabric with the Micro, Small and Medium Enterprise (MSME) sector being the hardest hit. Therefore, it is imperative that the Government is able to take forward the engagement with IMF and the debt restructuring process coupled with other much needed reforms with a sense of urgency to avoid an economic catastrophe.

We, therefore, call upon from the leaders of political parties and all elected representatives of the people to bring upon political stability to the country by the end of this week, where a pragmatic interim solution is brought upon by the sitting parliamentarians together with the executive branch to address the concerns of citizens that has led to a massive public uprising. We strongly believe if this trend is continued it can turn into a spiral of violence which can cause serious damage to the people and economy of this country. Therefore, we urge every one of you to take up responsibility and act in the best interest of the country at this crucial juncture of our nation to establish an interim government that can focus on the immediate priorities described above.

Thank you
Yours Sincerely

1. All Island Dairy Association
2. Association of Container Deport Operators
3. Association of Container Transporters
4. Ceylon Association of Shipping Agents
5. Ceylon Chamber of Commerce
6. Ceylon Motor Traders Association
7. Colombo Rubber Traders Association
8. Colombo Tea Traders’ Association
9. Diamond exporters Association of Sri Lanka
10. Essential Food Importers and Traders Association
11. Exporters Association of Sri Lanka
12. Federation of the Information Technology Industry Sri Lanka
13. Free Trade Zone Manufacturers Association
14. Hub Operators Association of Sri Lanka
15. Industrialists Association Minuwangoda
16. Insurance Association of Sri Lanka
17. Joint Apparel Association Forum
18. Lanka Fruit & Vegetable Producers, Processors & Exporters Association
19. Leasing Association of Sri Lanka
20. National Chamber of Exporters of Sri Lanka
21. Plastics & Rubber Institute of Sri Lanka
22. Sri Lanka Association for Software and Services Companies (SLASSCOM)
23. Sri Lanka Association of Air Express Companies
24. Sri Lanka Association of Inbound Tour Operators (SLAITO)
25. Sri Lanka Association of Manufacturers and Exporters of Rubber Products
26. Sri Lanka Ceramics and Glass Council
27. Sri Lanka Logistics and Freight Forwarders Association
28. Sri Lanka Retailers’ Association
29. Sri Lanka Shippers Council
30. Sugar Importers Association
31. Tea Exporters Association
32. The Colombo Brokers’ Association
33. The Finance Houses Association of Sri Lanka
34. The Hotels Association of Sri Lanka
35. The Industrial Association of Sri Lanka
36. The Planters’ Association of Ceylon
37. The Sri Lanka Pharmaceutical Manufacturers' Association
38. Travel Agents Association of Sri Lanka (TAASL)

CC: H.E. the President, Secretary to the President,
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