- Last Update 2026-03-29 00:44:00
Government’s tax collection exceeds IMF target
The government outperformed the targets set by the International Monetary Fund (IMF) on quarterly tax revenue collection, bringing in billions of rupees through vehicle imports and other tax avenues, but recorded a lower capital expenditure, a Parliamentary Oversight Committee has observed.
The achievement was noted in the Committee on Public Finance’s (COPF) report on the Appropriation Bill for 2026. The report, tabled in Parliament this week, focuses on the fiscal, financial and economic assumptions to analyse the estimated expenditure and revenue of the budget.
Read more in today's Sunday Times edition here
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- March 19, 2026 - 526 - 0
Airbus deal: Court told ex CEO of SLA confessed of paying Rs 60 Mn to ex Pre Mahinda Rajapaksa
- March 26, 2026 - 342 - 0
50 more Forests declared under Wanaspati programme
The Ministry of Environment has taken steps to declare an additional 50 forests as protected reserves, Under the ’Wanaspati’ National Programme.
- March 21, 2026 - 292 - 0
Major fuel price increase announced by CPC
The Ceylon Petroleum Corporation (CPC) has announced a major fuel price increase with effect from midnight today (March 21).
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