📈 Sri Lanka Customs Surpasses Rs. 1 Trillion Revenue Milestone for 2026

Sri Lanka Customs has officially crossed the Rs. 1 trillion revenue mark as of 12 May 2026, achieving this milestone in just 132 days. The department has consistently outperformed Treasury expectations, driven by a recovery in trade volumes and rigorous enforcement under IMF-supported reforms. • Overall Performance: Cumulative collections reached Rs. 1.009 Tn, exceeding the target of Rs. 875.66 Bn. This represents a significant 115% achievement of the cumulative target for the period, placing the agency Rs. 133.45 Bn ahead of projections. • Monthly Momentum: Customs exceeded monthly targets for four consecutive months (Jan-April). January recorded the highest performance at 147% of its target, while April collections reached Rs. 236.52 Bn (130% of target). • Sector Breakdown (12 May): Daily revenue on 12 May totaled Rs. 13.29 Bn. Vehicle Imports: Contributed Rs. 2.57 Bn in taxes. General Imports: Non-vehicle collections dominated with Rs. 10.72 Bn, highlighting the importance of diversified trade. • Fiscal Context: The original annual target for 2026 is set at Rs. 2.207 Tn. This strong start follows a record-breaking 2025, where revenue surged 64.2% YoY to Rs. 2.551 Tn. The current trajectory reinforces Customs as a critical pillar for national fiscal consolidation and debt sustainability. _Note: Figures based on provisional data as of May 2026._