Economic NewsEconomy-wide / Cross-sector
š Sri Lanka Customs Hits 93% of 2026 Revenue Target
⢠Overview: Sri Lanka Customs collected Rs. 2.06 trillion YTD as of 22 September, reaching 93% of its 2026 annual target of Rs. 2.21 trillion. ⢠September Performance: Revenue surpassed the monthly target of Rs. 195.6 billion early, reaching Rs. 199.3 billion (+1.9% or ~Rs. 3.8 billion over target). ⢠Remaining Goal: Customs requires an additional ~Rs. 149 billion over the remaining period of the year to meet the full-year target. ⢠Context & Drivers: The 2026 target is ~14% lower than the 2025 revenue outturn of Rs. 2.56 trillion. Key drivers include government tax reforms and a temporary surge in import duties from pent-up demand for imported vehicles.
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