IN THE FIRST THREE MONTHS OF THE YEAR, MAJOR GOVERNMENT REVENUE GENERATING COMPANIES HAVE EXCEEDED THE EXPECTED TARGETS

COLOMBO, Sri Lanka, April 23 -- The Government of Sri Lanka:News issued the following news release:

State Minister of Finance Ranjith Siyambalapitiya has said that the government's income in the first quarter of 2024 has been higher than expected. During that period, the Sri Lankan Customs, Excise and Inland Revenue Departments, which earn the country's main income, have earned 834 billion rupees, The Minister mentions that it is 6% more than the expected income of 787 billion rupees.

The minister pointed out that in the first quarter of 2024, 430 billion rupees were generated, a 13% increase over the 381 billion rupees provided to the Inland Revenue Department. The Minister says that the Customs Department has achieved the target of 353 ...