Budget 2027 Allocates Rs. 28.5bn for Digital Economy

COLOMBO (Nov 13) – The digital economy receives Rs. 28.5 billion under Budget 2027, which includes a National AI Centre and a new government cloud platform, LGC 3.0.

The Budget also provides power concessions for data centres and Rs. 9 billion in grants for rural mobile towers. These measures mean more government software contracts and lower setup costs for telecom operators and data centres.

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