According to officials from Ministry of Finance, the country's Gross Domestic Product (GDP) is projected to grow by 3.1% in 2025.
This projection was shared during a meeting of the Committee on Public Finance, where officials reviewed the nation's economic performance during the first half of the year.
The review showed a strong fiscal performance, with total revenue for the first six months of 2025 exceeding the mid-year target by 3%.
Total revenue reached Rs. 2,318 billion, surpassing the estimated Rs. 2,241 billion.
This fiscal success comes despite an increase in total government expenditure to Rs. 3,467 billion, an increase of Rs. 367 billion compared to the same period in 2024.
The main driver of this increased spending was debt servicing, which accounted for Rs. 1,984 billion.
Another significant contributor to the country's revenue growth was the Sri Lanka Customs Department, which recorded a 47% increase in revenue, largely due to the revenue collected from the import of automobiles.
