August 5, 2025 11:49 AM August 5, 2025 11:49 AM
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Sri Lanka’s Finances Under Strain Despite 25% Surge in Tax Revenue
Sri Lanka’s government finances continue to face significant strain despite a robust rise in tax revenue in the first half of 2025. Official data shows tax collections grew 25% to 2.2 trillion Sri Lankan rupees, while non-tax revenue rose 12% to 169.6 billion rupees. However, current spending reache...