Ceylon Chamber expresses deep concern over continued delays in establishing Digital ID.

The Ceylon Chamber of Commerce, together with industry stakeholders, stresses the vital importance of implementing a Digital ID system to propel the transformation of the Sri Lankan economy. As a foundational pillar of a Digital Economy, the Digital ID holds immense potential to play an integral role in reshaping economic revival, safeguarding vulnerable communities with effective benefit transfers, enhancing tax revenues and accelerating development.

The Ceylon Chamber expresses deep concern over continued delays in establishing the Digital ID and urges the Government of Sri Lanka to expedite and finalize this crucial initiative. Valuable lessons can be drawn from the experiences of nations such as India, Singapore, Thailand, and Kenya, which have made significant strides by investing in comprehensive digital ecosystems encompassing Digital ID, Digital Payments, and Broadband infrastructure. These countries exemplify how robust digital public infrastructure can accelerate economic growth and enhance global competitiveness.

The Chairman of the Ceylon Chamber Duminda Hulangamuwa emphasized that the provision of a distinctive digital identity for both citizens and businesses through the Digital ID not only streamlines processes and enhances compliance but also drives efficiency in governmental transactions. Furthermore, it serves as a catalyst for expanding the tax base, increasing tax revenues, and minimizing leakage, all while avoiding undue burden on the public through heightened direct taxation and...