📈 Sri Lanka Customs Hits Rs. 2 Trillion Revenue Milestone

Sri Lanka Customs reached Rs. 2 trillion in revenue for 2026 as of September 15, putting it on track to exceed its annual target for the second consecutive year. • Overall Figures & Progress: • Revenue collected: Rs. 2,000 Bn (over 90% of full-year target) as of Sept 15. • 2026 Target: Rs. 2,207 Bn (13.5% lower than 2025 due to expected drops in vehicle import taxes). • Monthly targets exceeded for 8 consecutive months. • 2025 Comparison: Collected a record Rs. 2,551 Bn in 2025 (+64.2% YoY). • Growth Drivers: • Rebound in overall import activity following reserve stabilization and relaxation of import controls. • Stronger enforcement, tighter monitoring of under-invoicing, and improved valuation practices. • Recovery in consumer demand boosting collections from excise, import duties, and other levies. • Macro Context: • Serves as a vital revenue cushion for the Treasury to meet fiscal goals under Sri Lanka’s IMF-supported program.