Total Valuation Overview
The Friends of Sri Lanka initiative, a visionary five-pillar framework, is projected to generate a total economic impact of USD 50 to 60 Billion over five years. This initiative strategically focuses on governance, economic transformation, and international collaboration, positioning Sri Lanka as a digitally driven and economically resilient nation.
Valuation Breakdown
Pillar 1: National Electronic Framework (NEF) - Digital Sri Lanka
Projected Value: USD 10 – 13.5 billion
Focus: Streamlining government services, increasing tax compliance, and attracting foreign investment through a robust digital framework.
Pillar 2: Global Network of Ambassadors – Friends of Sri Lanka
Projected Value: USD 7 – 12 billion
Focus: Exclusive VIP visa programs and e-Residency initiatives that attract high-net-worth individuals and foreign direct investment.
Pillar 3: Blockchain and Digital Economy - Digital Sri Lanka
Projected Value: USD 27.5 billion
Focus: Leveraging blockchain technology, launching a national cryptocurrency (SNC), and developing green partnerships for eco-friendly revenue generation.
Pillar 4: Sri Lankan Diaspora Engagement – Friends of Sri Lanka
Projected Value: USD 4.5 – 9 billion
Focus: Increased remittances and investments from the Sri Lankan diaspora and migrant workers.
Pillar 5: Digital Services Tax (DST) – Friends of Sri Lanka
Projected Value: USD 800 million – 1.3 billion
Focus: Ensuring multinational tech giants contribute fairly to Sri Lanka's economy with a 3-5% DST tax on digital platforms.
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