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Friday November 13th, 2026

Occupational exposure to GenAI in Sri Lanka

The first two infographics in this blog were created with Artificial Intelligence (AI) technology, resulting in production times of mere seconds. In contrast, creating similar infographics without AI would typically require several hours of work.

This illustrates how AI significantly boosts worker productivity. Nearly every sector showcases examples of AI enhancing labour efficiency. For instance, online educational content can be effortlessly generated with AI by just inputting text.

Additionally, it can assume the roles of editors and content writers, significantly reducing the time required to draft a report. These are just a few examples of how AI can improve the productivity of workers. As AI continues to permeate different job fields, it is poised to transform the labour market soon. With the assistance of AI, workers will be more productive, and as a result, fewer workers may be needed to perform the same job. It is also possible that AI will create new jobs.

Recognising the profound impact AI is having on the labour market, since 2023, the International Labour Organisation (ILO) has been evaluating how Generative Artificial Intelligence (GenAI) – a more advanced AI that is enabled to create new content, rather than analysing existing data – might influence various occupations.[1] The ILO accomplishes this through research that enables it to rate the degree of GenAI integration in various professions based on their level of involvement with GenAI. These scores are derived from surveys and interviews with expert panels and workers from multiple fields, aiming to understand the different tasks performed across occupations and how GenAI influences these tasks.

This blog aligns the codes developed by the ILO (henceforth referred to as GenAI score) with Sri Lanka’s Labour Force Survey 2023 to explore how GenAI may impact the labour market in Sri Lanka. The original GenAI scores were assigned to workers in Poland, but mapped to tasks in the ISCO-08, making the scores usable across different countries. The analysis below is merely indicative of how GenAI can affect the labour market in Sri Lanka.

Degrees of integration of GenAI in various job categories

The GenAI score demonstrates how artificial intelligence can effectively perform and support a wide range of tasks in various jobs, highlighting its adaptable and beneficial role in our work lives. The ILO represents GenAI across four levels, with jobs most exposed to GenAI rated as 4, and those with the least exposure rated as 1 (See Figure 1). In addition to these, jobs that have some potential to be influenced by GenAI without undergoing substantial structural alterations are categorised as occupations with ‘minimal exposure’. Subsequently, roles that are entirely unexposed to AI are classified as ‘not exposed’ roles.

Source: Gmyrek et al., 2025

Note: Created using Napkin AI

Sri Lankan context

This study applies the ILO-developed GenAI scores to the 2023 Labour Force Survey data, categorised by industry and occupation codes, to assess GenAI exposure to jobs in Sri Lanka. The findings of this analysis are presented in the section below.

In Sri Lanka, about 1.83 million workers (22.8% of the employed population) are in jobs that have some exposure to GenAI (See Figure 2). This is a little below the global average of 25%.[2] Of these, more than 187,000 workers are in occupations that face the highest level (Gradient 4) of AI, which is slightly below the global average of 3.3% exposure. Among them, the vast majority of 179,290 workers are clerks or clerical support workers, highlighting their vulnerability to potential job displacement by GenAI in the future. Additionally, nearly 142,000 workers (about 1.77%) are part of the group experiencing increasing exposure to GenAI (i.e., Gradient 3). A significant portion of these includes Professionals (68,719 workers), Technical and Associate Professionals (34,859), and Clerks (37,922).

A relatively larger share of workers who are not exposed to AI are in elementary occupations (1,826,845 workers), skilled agricultural and forestry (1,211,408), and craft and related work (1,104,415). Within these groups, nearly 90% of elementary workers, and almost all craft workers, and skilled agricultural and forestry workers (99.9% and 100% respectively), are not exposed to AI—indicating a high degree of insulation from GenAI’s immediate impact.

Source: Authors’ calculations based on LFS 2023 and occupation exposure categories identified by Gmyrek et al., 2025

Note: Figure created using Napkin AI. The same occupation can appear at different gradient levels depending on the tasks performed by various sub-categories of the occupation. Occupational categorisation is based on the International Standard Classification of Occupations (ISCO).

The actual and potential exposure to AI may differ due to several reasons. One reason for this is that employment that could be exposed to AI might be in settings lacking digital technology because of a lack of infrastructure, digital tools, and human skills. Figure 3 illustrates how a lack of digital literacy alone can limit the potential uses of AI in the workplace. The measures of digital literacy and workplace readiness for GenAI use we have employed are not very precise. A more accurate assessment of workers’ and workplaces’ digital preparedness could lower this figure further. For individuals in positions with lower levels of AI exposure (Minimum Exposure, Gradient 1, and Gradient 2), this disparity is more pronounced, indicating a high potential to improve productivity through the use of GenAI for these workers.

Gaps between potential exposure to AI and actual digital literacy among employees

Source: Authors’ calculations based on LFS 2023 and occupation exposure categories identified by Gmyrek et al., 2025

Note: ‘Digitally literate’ employed persons in this analysis are identified using an LFS indicator that captures whether an individual has used the internet within the past 12 months. While this may not be an ideal measure of digital literacy, it serves as a proxy for an individual’s ability to use the internet—and potentially AI—in the future, given the available data. ‘Digital facilities in office’ is captured using an indicator that identifies whether an employed person has used a computer and the internet at their office in the last 12 months.

Conclusion

This blog estimates that about 1.83 million (23%) of Sri Lanka’s working population may be employed in roles that could be integrated with GenAI at various levels. The likelihood of exposure is even higher for more educated workers. However, factors such as access to digital infrastructure, digital equipment, and workers’ digital skills can limit the potential use of AI in the workplace. Consequently, of the 1.83 million workers potentially exposed to AI in the future, only 480,543 (26.3%) are currently digitally literate and employed in workplaces with digital facilities. Industries should implement strategic measures to utilise AI for enhancing productivity. AI is continuously transforming the workplace. Therefore, companies can remain competitive and increase productivity by encouraging the adoption of AI in their operations.
(Colombo/Aug19/2025)

Sri Lanka stocks close down 0.60-pct, dragged by HNB and LOLC

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange closed down on Friday, CSE data showed, with the benchmark All Share Price Index moving down 0.60 percent.

The ASPI was down 133.22 points at 22,024.18, while the more liquid S&P SL20 was down 1.06 percent, or 67.55 points, at 6,298.02.

The ASPI ended the week up 784.53 points from last Friday.

Positive contributors to the ASPI were Dialog Axiata (up 0.40 percent at 50.20 rupees), Distilleries Company of Sri Lanka (up 0.52 percent at 58.30 rupees), Aitken Spence (up 3.60 percent at 151.00 rupees), Ceylon Tobacco Company (up 1.05 percent at 1,828.50 rupees), and LOLC Finance (up 1.96 percent at 5.20 rupees).

Hatton National Bank (down 1.88 percent at 403.75 rupees), Richard Pieris and Company (down 6.21 percent at 27.20 rupees), LOLC Holdings (down 2.17 percent at 405.00 rupees), Sampath Bank (down 1.91 percent at 154.00 rupees), and Singer (Sri Lanka) (down 2.40 percent at 77.30 rupees) were top negative contributors.

Market turnover was 3.23 billion rupees. Capital goods led turnover with 869.21 million rupees. (Colombo/Nov13/2026)

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Sri Lanka MP slams budget speech for omitting Tamil national question

ECONOMYNEXT – A Sri Lanka legislator has voiced strong disappointment that the President’s budget speech failed to make a single mention of the Tamil national question.

“It is very unfortunate that in His Excellency the President’s speech, there has not been a single word mentioned about the Tamil national question. Not a single word,” Shanakiyan Rasamanickam said.

“A budget speech generally, is a policy direction of the government for the next year. The budget speech is not only a statement of the country’s fiscal position or the economy’s position. It is the country’s, the government’s, plan, or what the government plans to do the following year. That’s a policy statement.”

Former presidents would at least mention the Tamil question even if it was not resolved, he said.

Former President Ranil Wickremesinghe in his speech, in his policy statement, he would mention: “The Tamil national question must be resolved,” Rasamanickam said.

Former Presidents Maithripala Sirisena and Gotabaya Rajapaksa also mentioned that the national ethnic question must be resolved, he added.

“Every President, every country’s Head of State, in their policy statements, have acknowledged the fact that there is an unresolved national issue, the Tamil national question, that it needs to be resolved. Various governments have proposed various mechanisms; none of them have succeeded, but at least it was mentioned.”

This year’s budget made allocations for the Office of Missing Persons, and the Office of Reparations.

“But the domestic mechanism is a mechanism that the victim community has rejected. So you all are allocating money to a mechanism where the victim community is not going to be part of.”

Last year’s budget 1 billion was allocated to be spent on the Trincomalee and Jaffna airports.

“Where was that 1 billion for the Trincomalee and Jaffna airports spent last year?”

“The trajectory of this government, Honourable Deputy Speaker, is worrying to me. It’s really worrying to me. Because if the objective is to say that there is no Tamil national question, if the objective is to say that you all have resolved any ethnic issue that this country faced, then Honourable Deputy Speaker, then I think the Tamil people will teach this government a very, very, very harsh lesson in the future.” (Colombo/Nov13/2026)

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Sri Lanka sells extra Rs6.5bn Treasury bills after auction

ECONOMYNEXT – Sri Lanka has sold 6,500 million rupees of treasury bills offered on tap at an average rate of 9.95 percent, the public debt management office said, bringing the total of bills sold in the week to 85.562 billion rupees.

The issue offered 90 billion.

Total market subscription was 6.5 billion rupees.

The debt office sold a 12-month bill at 9.95 percent.

On Wednesday (11) the debt office raised 79 billion rupees of 3, 6 and 12 month bills after offering 90 billion.

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Sri Lanka Treasury bill yields hold broadly steady, less bills sold

The settlement date is November 13. (Colombo/Nov13/2026)

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Access Engineering Sept quarter group net profit surges 200-pct to Rs4.75bn

ECONOMYNEXT — Sri Lanka’s Access Engineering PLC recorded a group net profit attributable to equity holders of Rs. 4.75 billion for the quarter ended September 30, surging 200 percent from Rs. 1.58 billion a year earlier, interim accounts showed.

Basic earnings per share rose to Rs. 4.08 for the September quarter, up from Rs. 1.58 previously.

Quarterly group revenue expanded 36 percent to Rs. 20.39 billion from Rs. 14.94 billion, underpinned by condominium property handovers — reflected in inventories dropping Rs. 7.69 billion since March to Rs. 35.71 billion — alongside strong automobile sales and steady civil engineering execution.

Cost of sales rose at a slower 27 percent to Rs. 14.34 billion, lifting gross profit by 64 percent to Rs. 6.05 billion and expanding gross margins to 29.7 percent from 24.7 percent.

Other income jumped 144 percent to Rs. 259.9 million, while administrative expenses rose 75 percent to Rs. 1.14 billion, leaving operating profit up 64 percent at Rs. 5.16 billion.

However, finance costs more than doubled, rising 107 percent to Rs. 1.18 billion on elevated group borrowings of Rs. 43.74 billion, partly offset by finance income climbing 302 percent to Rs. 42.2 million.

Share of results from equity-accounted investees rose 122 percent to Rs. 26.7 million, pushing pre-tax profit up 56 percent to Rs. 4.05 billion.

Income tax swung to a net reversal of Rs. 186.6 million from an expense of Rs. 804.1 million, boosted by deferred tax assets on unrelieved losses from a 100 percent enhanced capital allowance claimed by 60 percent-owned radiopharmaceutical subsidiary Access Medical Tracers (Private) Limited.

Total period profit rose 136 percent to Rs. 4.24 billion, with non-controlling interest declining 24 percent to Rs. 164.9 million following last year’s buyout of minority shareholders in Harbour Village (Private) Limited.

No separate exchange gain or loss was itemized in quarterly earnings, though foreign currency translation via associates recorded a Rs. 17.4 million loss in other comprehensive income, alongside USD 16.6 million in corporate guarantees.

Notes also flagged an expected Rs. 1.45 billion recovery from the terminated South Asia Commercial and Logistics Hub project, a Rs. 225 million post-quarter legal settlement already provided for, and a Supreme Court appeal over a 2011/12 PAYE tax ruling.

Group assets stood at Rs. 132.4 billion as of September 30, with net asset value per share at Rs. 46.70, as the Employees’ Provident Fund raised its stake to 5.69 percent.

Access Engineering shares closed at 80.00 rupees at the end of September and are currently trading around 85.80 rupees. (Colombo/Nov13/2026)

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Sri Lanka private sector says timely implementation of Budget 2027 key

ECONOMYNEXT – Private sector body, The Ceylon Chamber of Commerce, said it was encouraged by the broad direction of Budget 2027, noting that it reinforces Sri Lanka’s commitment to economic transformation while maintaining policy continuity, macroeconomic stability, and fiscal discipline.

“This continuity is particularly important as the country seeks to transition from economic stabilisation to a more durable, investment-led growth trajectory.”

The chamber also noted several areas where the Budget could have placed greater emphasis to strengthen the country’s growth prospects.

“In particular, there is a need for a stronger focus on attracting Foreign Direct Investment (FDI), accelerating factor market reforms, particularly in land and labour, and fast-tracking public procurement reforms to improve the efficiency and speed of project implementation.

“More targeted and actionable proposals could have been introduced to unlock the potential of sectors with significant growth opportunities, including tourism, agriculture, IT/BPO and logistics.”

The chamber said the budget contains positive measures aimed at enhancing competitiveness, and external sector resilience, while presenting opportunities for focus on sectors that can accelerate growth.

“A number of the key structural reforms identified in last year’s Budget have been carried forward and strengthened, providing greater certainty and predictability to businesses and investors.

“These include the continued implementation of the Trade National Single Window (TNSW), the phased removal of para-tariffs, the rollout of the Digital ID framework, efforts to expand market access through new Free Trade Agreements (FTAs), the strengthening of one-stop-shop investment facilitation mechanisms, progress on Customs reforms, the expansion of Bandaranaike International Airport (BIA), enhanced financing support for SMEs, and reforms relating to the management of State-Owned Enterprises.”

The CCC said that more than 20 proposals submitted by it have been reflected in Budget 2027.

These include measures to strengthen investor facilitation through the establishment of a professionally managed investment promotion agency; continued efforts to improve trade facilitation and export competitiveness; the Government’s consideration of a successor programme with the International Monetary Fund (IMF); accelerated progress on key legislative reforms; the expansion of digital government services; and the promotion of cashless payments and broader digital adoption. The Budget has also captured several priorities relating to energy security, including the accelerated deployment of Battery Energy Storage Systems (BESS) and investments in fuel storage infrastructure, initiatives to optimize underutilized agricultural land, measures to support the expansion of the digital economy and the IT/BPO sector, and tax reforms to support exporters, including the acceptance of newly VAT-registered exporters as eligible exporters.

“The inclusion of these priorities reflects the value of sustained public-private dialogue and demonstrates increasing alignment between national policy objectives and the needs of a competitive, export-oriented economy.

“The priority now must be effective and timely implementation to translate policy commitments into investment, competitiveness, exports and sustainable growth.” (Colombo/Nov13/2026)

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Sri Lanka stocks trend lower day after budget reading

ECONOMYNEXT – Sri Lanka’s Colombo Stock Exchange was trending lower on Friday, CSE data showed, with the benchmark All Share Price Index moving down 0.66 percent.

The ASPI was down 146.78 points at 22,011, while the more liquid S&P SL20 was down 0.94 percent, or 59.99 points, at 6,306.

Positive contributors to the ASPI were Access Engineering (up 1.30 percent at 85.80 rupees), LAUGFS Gas (up 3.31 percent at 49.90 rupees), Ceylon Tobacco Company (up 1.13 percent at 1,830 rupees), Ceylon Cold Stores (up 0.80 percent at 126 rupees), and Namunukula Plantations (up 1.79 percent at 68.10 rupees).

LOLC Holdings (down 1.03 percent at 409.75 rupees), Hatton National Bank (down 0.61 percent at 409 rupees), Sunshine Holdings (down 3.81 percent at 30.30 rupees), and Sampath Bank (down 1.91 percent at 154 rupees) were top negative contributors.

Market turnover was 1.55 billion rupees. Capital goods led turnover with 459.57 million rupees. (Colombo/Nov13/2026)

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