Try GOLD - Free
End July Budget deficit down 36% YoY
Daily FT
|September 01, 2025
GIVING investors a strong signal on the economic recovery and future stability, the Government continues to report impressive gains in fiscal performance, with the Budget deficit in nominal terms falling by 36.3% to Rs. 556.1 billion in the first seven months of 2025, down from Rs. 872.6 billion in the same period of 2024.
-
According to the latest Fiscal Review Report January-July 2025, released by the Finance Ministry Fiscal Policy Department, the declining Budget deficit is mainly due to revenue growth outpacing expenditure.
The Budget deficit target for the full year 2025 is Rs. 2.2 trillion.
Government expenditure in the seven-month period increased to Rs. 3.29 trillion, up 8.5% from Rs. 3 trillion a year ago, with the full-year estimate for 2025 at Rs. 7.2 trillion.
The primary deficit had increased to Rs. 973.6 billion in the first seven months of 2025, up from Rs. 519.4 billion a year ago.
This story is from the September 01, 2025 edition of Daily FT.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily FT
Daily FT
Govt. missing the wood for trees
CABINET Spokesman Minister Dr. Nalinda Jayatissa announced this week that the Government plans to lease 24 bungalows and official residences formerly used by Government Ministers to private investors and international organisations.
2 mins
January 08, 2026
Daily FT
Sri Lankan-born Ray Jayawardhana appointed Caltech's 10th President
DR. Ray Jayawardhana, an accomplished academic leader and renowned astrophysicist who currently serves as provost of Johns Hopkins University, has been named Caltech's next President, the tenth in the Institute's 105-year history.
3 mins
January 08, 2026
Daily FT
Jetwing Saman Villas wins "Best International Hotel for Weddings" at Travel+Leisure India's Best Awards 2025
JETWING Saman Villas, part of Jetwing Luxury Reserves, has been awarded “Best International Hotel for Weddings” at the 14th edition of Travel+Leisure India and South Asia's Best Awards, held last month in New Delhi.
1 mins
January 08, 2026
Daily FT
27TH PRESIDENTIAL EXPORT AWARDS PRESENTED TO SRI LANKAN EXPORTERS IN RECOGNITION OF THEIR EXCEPTIONAL CONTRIBUTIONS TO THE EXPORT SECTOR
The Sri Lanka Export Development Board (EDB) successfully concluded the 27th Presidential Export Awards (PEA) Ceremony on Thursday, December 11, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH), under the patronage of Hon.
2 mins
January 08, 2026
Daily FT
Message from the Chairman of the Sri Lanka Export Development Board
As we concluded 2025, it is with immense pride that we reflect on the historic achievements of Sri Lanka's export community celebrated at the 27th Presidential Export Awards Ceremony held on December 11, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH).
1 mins
January 08, 2026
Daily FT
Govt. flags drop in Korean job placement
■Outlines diplomatic push for relief to over 10,000 candidates
3 mins
January 08, 2026
Daily FT
LB Finance recognised at ICSDB 2025 for excellence in sustainability and digital innovation
LB Finance PLC earned distinguished recognition at the 4th International Conference on Sustainable and Digital Business 2025 (ICSDB 2025), organised by the SLIIT Business School on 11 and 12 December 2025 at Waters Edge.
1 min
January 08, 2026
Daily FT
Stock market suffers worst humiliation in 130-year history
Trades and orders up to first 24 minutes cancelled after questionable maiden transactions of newly listed Wealth Trust Securities shares
4 mins
January 08, 2026
Daily FT
Weekly T-Bill auction averages rise for 3rd straight week; Rs. 100 b auction fully subscribed
Secondary Bond market yields drop further; market remains active
2 mins
January 08, 2026
Daily FT
British Sri Lankan Muslim Organisations donate £ 25,000 to rebuilding and disaster recovery efforts
BRITISH Sri Lankan Muslim organisations came together to express their solidarity and commitment to help their motherland and handed over a collective donation of £25,000 (Rs 10.5 Million) towards Sri Lankan Government’s National Rebuilding and Disaster Recovery Initiative, efforts following the severe impact of Cyclone DITWA, Flooding and Landslide.
2 mins
January 08, 2026
Listen
Translate
Change font size
