Sri Lanka, June 11 -- Sri Lanka Customs exceeded its revenue target for May by 16 per cent, while total collections for the first five months of the year rose roughly 44 per cent compared to the corresponding period last year.

Official data showed that the revenue collection body brought in Rs. 217.9 billion in May, moving past the established monthly target of Rs. 187.8 billion.

Cumulative data for the first five months revealed that collections reached Rs. 1,143.7 billion, surpassing the five-month target by 44%.

The performance follows a record-setting previous year where Customs generated Rs. 2,551 billion, beating a revised goal of Rs. 2,241 billion and marking a 64.2% jump from the Rs. 1,553 billion collected the year prior.

A r...