š Sri Lanka Customs En Route to Beat July Target, Hits 65% in First Fortnight
⢠July Revenue Overview: Sri Lanka Customs collected Rs. 125.2 Bn within the first 14 days of July, achieving 65% of its Rs. 192.4 Bn monthly target. The agency is positioned to surpass its monthly target for the seventh consecutive month. ⢠Cumulative Progress: As of July 14, cumulative collections have already reached 68.2% of the full-year target for 2026. ⢠Annual Comparisons: The department recorded a historic Rs. 2,551 Bn in revenue in 2025, reflecting a 64.2% YoY surge from Rs. 1,553 Bn in 2024 and beating the revised target of Rs. 2,241 Bn. ⢠2026 Target: The 2026 revenue target is set at Rs. 2,207 Bn, which is 13.5% lower than 2025 collections. This adjustment accounts for expected revenue impacts related to motor vehicle imports following the reopening of imports.