නිදහස් හා විවෘත ප්රවේශය
රාජ්ය මූල්ය දත්ත හා විශ්ලේෂණයන් සඳහා
Sri Lanka's state revenue has increased by 41% year-on-year (y-o-y) in the first six months of 2024 to Rs. 1,860 billion, as the Treasury has collected 52% of the estimated revenue for the year, Finance State Minister Ranjith Siyambalapitiya said. Speaking at Parliament yesterday (7), he highlighted that government revenue in the first half of 2024 has risen significantly compared to the same period in 2023. The government has reduced the portion of indirect taxes to 70% of the overall tax collection, with a target of reaching 60%. Central Bank data shows that Rs. 244 billion was collected as revenue in June alone. The Treasury has achieved 52.7% of the estimated revenue for 2024 in the first half, with non-tax revenue increasing by 30.4%, mainly from interest income and fine collection. This record revenue collection has resulted in a primary account surplus of Rs. 543.2 billion for the first six months of the year, a notable achievement in Sri Lanka’s fiscal history.
Additionally, the 52 key state-owned enterprises (SOEs), which recorded a collective profit of Rs. 144 billion in the first half of 2023, have seen an increase in profits to Rs. 185.9 billion in the same period of 2024. The government has also successfully reduced the outstanding dues for senior citizens' deposits in the banking sector from Rs. 250 billion to Rs. 88 billion by the end of the first half of 2024.
