AGP Executive Report
Last update: 11 hours agoIMF Reform Watch: The IMF says Sri Lanka’s economy remains vulnerable even as the Middle East shock eases, urging the government to stay on its reform path to protect fiscal and external stability. Dengue Alert: Sri Lanka begins a three-day dengue prevention drive after cases climbed to 55,406, with 32 deaths reported so far this year. Fuel Costs: Domestic aviation turbine fuel prices fall by Rs 5 per litre from July 1 as global oil and jet fuel rates soften. Airport Deal Push: Mattala Rajapaksa International Airport is drawing renewed interest, with 35–40 parties reportedly engaging in preliminary talks for a joint venture. Construction Momentum: Construction activity expands in May, with the PMI–Construction rising to 59.1, though skilled labour shortages and material price pressures persist. Port of Colombo: Colombo records strong throughput—3.7 million TEUs in the first five months of 2026, up 13.5%, led by transshipment growth. Tax and Revenue: Inland Revenue reports Rs. 1,255 billion collected so far in 2026, while VAT/SSCL turnover threshold cuts are delayed. Trade Facilitation: Sri Lanka hits 95.8% implementation of the WTO Trade Facilitation Agreement, ahead of the global average. Customs Crackdown: Four Chinese nationals are arrested at BIA over alleged cigarette smuggling worth about Rs. 10.8 million.
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