Sri Lanka Budget Deficit Down 36-Pct, Tax Revenues up 28.2-Pct

Sri Lanka budget deficit down 36-pct, tax revenues up 28.2-pct

ECONOMYNEXT – Sri Lanka’s tax revenues grew 28.2 percent to 2,534 billion rupees in the seven months to July 2025, Finance Ministry data showed, while the overall budget deficit was down 36 percent to 556.1 billion rupees. Non-tax revenues grew to 195 billion rupees from 179 billion rupees last year. Tax revenues improved to 8.3 percent of projected gross domestic product from 7.1 percent last year during the seven months. Total revenues grew 27…

End July Budget deficit down 36% YoY

Giving investors a strong signal on the economic recovery and future stability, the Government continues to report impressive gains in fiscal performance, with the Budget deficit in nominal terms falling by 36.3% to Rs. 556.1 billion in the first seven months of 2025, down from Rs. 872.6 billion in the same period of 2024. ..