Tourism generates US$ 282mn in August

Sri Lanka's tourism earnings rose to US$ 282.1 million in August, with increased visitor arrivals and the implementation of a new visa-free travel policy for 38 countries to boost tourism further, aiming for US$ 3.5 billion in earnings by the end of 2024.

In August, Sri Lanka's tourism earnings rose to US$ 282.1 million, up from US$ 210.5 million in August 2023 but down from US$ 328.3 million in July, with 164,609 visitors, an increase from 136,405 a year earlier. Cumulative earnings for the first seven months reached US$ 2,167.0 million, a 66.1% increase from 2023. The government has implemented a visa-free travel policy for 38 countries, aiming to boost arrivals and target US$ 3.5 billion in earnings by the end of 2024. Tourism, along with remittances, is crucial for Sri Lanka's external sector and economic stability, which suffered due to the 2022 crisis and subsequent IMF-mandated reforms.

Tourism generates US$ 282mn in August | Daily Mirror

Daily Mirror

2024-09-09

தொடர்பான தலைப்புக்கள்

SriLankan loses Rs. 12.9 b in Q1

SriLankan Airlines recorded a Rs. 12.9 billion net loss in Q1 FY25, driven by cash flow challenges, legacy issues, and financial costs from past debt. ...

மேலும் அறிந்து கொள்ள

SL pays $ 503 m for 1H debt servicing

By June 2024, Sri Lanka's external debt had reached $37.5 billion, with $8.19 billion in unpaid debt service accumulating since the April 2022 debt standstill on bilateral and commercial loans.

மேலும் அறிந்து கொள்ள

Workers’ remittances decline in September

In September 2024, Sri Lanka’s remittances reached $556 million, tourism earnings were $181 million, and gross official reserves rose to $6 billion, covering 3.9 months of imports.

மேலும் அறிந்து கொள்ள

அனைத்தையும் காட்டு