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Sri Lanka budget deficit halves in October, rupee depreciates

ECONOMYNEXT – Sri Lanka’s budget deficit halved to 455.8 billion rupees in the 10 months to October 2025, down 57 percent from 1,060 billion rupees, official data show, while the current account showed a surplus for the second month. Tax revenues grew 34 percent to 4,033 billion rupees, and non-tax revenues also grew 18.6 percent to 302 billion rupees, taking total revenues to 4,336.2 billion rupees, up 33.2 percent. Current Account Surplus Current spending was 4,223 billion rupees up to October, lower than total revenues giving a 112.4 billion rupee surplus in the current budget, which is rare in Sri…

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