Revenue growth pushes budget into surplus
Sri Lanka, Oct. 5 -- Sri Lanka's government revenue and grants rose 21.2 per cent year-on-year to Rs.4,002.3 billion during the eight months ending August 2026, helping the overall budget balance record a surplus of Rs.35.4 billion, according to the latest Weekly Economic Indicators of the Central Bank of Sri Lanka.
The fiscal position marks a significant improvement from the Rs.411 billion deficit recorded during the corresponding period of 2025. Government expenditure and net lending increased at a slower pace of 6.9 per cent to Rs.3,966.9 billion from Rs.3,712.5 billion a year earlier. Revenue collection during the period included Rs.3,531.1 billion in government revenue, compared with Rs.3,301.5 billion in revenue and grants recorded...
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