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Sri Lanka Customs achieves 2026 revenue target by October 13

Headline from Daily Mirror

From 6 outlets’ reports · latest

6 outlets · EN 4 · SI 2 · TA 1: 6 private. Languages: EN 4, SI 2, TA 1

AI summary

  • Customs exceeded its annual revenue target with more than 11 weeks left in 2026.
  • The agency’s 2026 target was 13.5% below last year’s target.
  • Analysts say collections could surpass the 2025 record by the end of November if there are no major disruptions or policy reversals.

Sri Lanka Customs had collected Rs. 2,208 billion by October 13, exceeding its 2026 revenue goal of Rs. 2,207 billion, according to reports. Customs spokesman Chandana Punchihewa confirmed the figures, as reported by EconomyNext.

The target was reached with more than 11 weeks remaining in the year. EconomyNext reported that this was the second consecutive year Customs had exceeded its annual target.

Last year, Customs collected Rs. 2,551 billion, above a revised target of Rs. 2,241 billion. EconomyNext said the 2026 target was 13.5% lower than last year’s, reflecting an earlier expectation that car imports would fall significantly at the start of this year.

Analysts cited by EconomyNext said collections could exceed the 2025 record by the end of November, provided there are no major policy reversals or economic disruptions. The reports do not provide further details about the forecast.

Based on: Daily Mirror, EconomyNext, Tamilmirror, Ada Derana, Newswire, Hiru News

Written by AI from these outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. Report a mistake.

Earlier coverage

Reports on the same subject from the months before this story.

  1. Daily FT ·

    Budget back in surplus in August after two months in red
  2. EconomyNext ·

    Sri Lanka’s 2027 appropriation bill sets 20% rise in recurrent spending from last year, less capex
  3. EconomyNext ·

    Sri Lanka Customs’ September revenue exceeds target by 32-pct
  4. Daily FT ·

    Budget 2027: Treasury says expect reforms push, not tax cuts

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