Only 8-pct of Cyclone Ditwah rebuilding funds spent as Sri Lanka logs rare surplus: WB

Only 8-pct of Cyclone Ditwah rebuilding funds spent as Sri Lanka logs rare surplus: WB

Sri Lanka ran a rare budget surplus in the first half of 2026 as strong tax collections coincided with sharp delays in state spending, including emergency rebuilding funds, the World Bank said in its latest Sri Lanka Development Update October 2026, titled “From Recovery to Transformation”.

Sri Lanka Achieves Uncommon Surplus While Only 8% of Cyclone Ditwah Recovery Funds Have Been Utilized, Reports World Bank

FINANCIAL CHRONICLE — In the first half of 2026, Sri Lanka experienced an unusual budget surplus, attributed to robust tax revenue and significant delays in government expenditures, particularly c…