The Perfect Holiday Gift Gift Now

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.

FLERE HISTORIER FRA Daily FT

Daily FT

Daily FT

Sri Lanka’s collision with nature: Lessons from India to address agrarian question and employment

NATURE seems to be at war with a market-driven investment pattern slowly decaying the means of survival for the masses.

time to read

9 mins

January 03, 2026

Daily FT

Thikshila de Silva rattles CCC

BOTTOM of the table Chilaw Marians CC had CCC in a bit of bother, capturing four wickets for 62 runs by the close of the first day after they had been dismissed for 185 in their Major Club 3-day League match played at the Colts grounds yesterday.

time to read

2 mins

January 03, 2026

Daily FT

Global markets open 2026 higher

GLOBAL stock markets began 2026 on a positive note, with major indices in Britain and South Korea reaching record levels as investor optimism around artificial intelligence extended into the New Year.

time to read

1 mins

January 03, 2026

Daily FT

Daily FT

Rooted in Change: Kelani Valley's bold climate crusade with UN Global Compact Network Sri Lanka

IN a world gasping under the weight of its own carbon footprint, where floods wash away futures and droughts rewrite destinies, sustainability leadership can no longer be a lofty ambition-it must be a grounded commitment.

time to read

4 mins

January 03, 2026

Daily FT

Daily FT

Russel's hosts Christmas decorations competition at head office

Russel's successfully hosted its annual Christmas Decorations Competition among its divisions at the Russel's Head Office in Punchi Borella, bringing together employees to celebrate the true spirit of Christmas through creativity, unity, and festive cheer.

time to read

1 min

January 03, 2026

Daily FT

Daily FT

What is local governance?

LOCAL governance is about managing public affairs at the community level.

time to read

5 mins

January 03, 2026

Daily FT

AMF withdraws proposed listed high-yield bond issue

ASSOCIATED Motor Finance Company PLC (AMF) yesterday announced the withdrawal of its proposed listed, rated, unsecured, subordinated, redeemable high-yield bond issue to raise Rs.

time to read

1 min

January 03, 2026

Daily FT

Oil posts sharpest yearly drop since pandemic

OIL prices recorded their steepest annual decline since the COVID-19 pandemic in 2025, with markets facing continued pressure from excess supply as producers pump more crude than the global economy requires.

time to read

1 min

January 03, 2026

Daily FT

Cleantech and Pepsi partner to accelerate Sri Lanka's circular economy journey

CLEANTECH Ltd., since 1998 has played a pivotal role in maintaining cleanliness and hygiene across key areas in Colombo.

time to read

2 mins

January 03, 2026

Daily FT

Sports Ministry issues clarification on provision of Sugathadasa Stadium for musical concert

THE Sports Ministry yesterday issued the following clarification over the situation that has arisen concerning the use of the Sugathadasa Stadium for a musical concert.

time to read

1 min

January 03, 2026

Listen

Translate

Share

-
+

Change font size