Sri Lanka’s fiscal performance showed a sharp turnaround in 2025, with the budget deficit more than halving by September as stronger tax revenues and import duties boosted government income, according to the Finance Ministry’s latest Fiscal Review Report. 1. Budget Deficit: The deficit dropped 54.5% year-on-year to Rs. 441.4 billion in January–September 2025, from Rs. 970 billion during the same period last year. 2. Primary Account Surplus: The surplus more than doubled to Rs. 1.4 trillion reflecting improved fiscal balance excluding interest payments. 3. Revenue Growth: Total revenue rose 31% year-on-year to Rs. 3.83 trillion, driven mainly by higher VAT…
7 Key figures highlighting Sri Lanka’s fiscal turnaround in 2025
Published in News
More from NewsMore posts in News »
- Restoration of Northern, Talaimannar railway lines begins
- Education reforms should suit the country, not the JVP: Namal
- Bride and groom among 8 killed in gas cylinder blast at Pakistan wedding
- Four arrested over alleged Grand Pass shooting plot
- Sri Lanka’s China-backed Hambantota Port eyes 2mn box capacity after 700-pct growth