July 15, Colombo (LNW): Government revenue has surged by 43.3 per cent in the first four months of this year, reaching Rs. 1218.1 billion, up from Rs. 821.3 billion during the same period in 2023.
The Finance Ministry attributes this Rs. 396.7 billion increase to comprehensive tax measures introduced in June 2022, improved revenue administration, positive economic growth since Q3 2023, and the phased removal of import restrictions.
