India

Sri Lanka sees increase in tourism earnings in first quarter

Sri Lanka earned $198.1 million in March, bringing tourism earnings in the first quarter to $529.8 million, the data showed.

Colombo: Amid the ongoing economic crisis, Sri Lanka has witnessed an increase from tourism earnings with around $530 million being received in the first three months of 2023, according to the latest data from the country’s central bank.

Sri Lanka earned $198.1 million in March, bringing tourism earnings in the first quarter to $529.8 million, the data showed.

In the first three months of 2022, Sri Lanka earned $482.3 million from tourism, reports Xinhua news agency.

A tourism official said earlier this month that Sri Lanka’s tourism industry is aiming to attract 2 million visitors in 2023, compared to the previous target of 1.5 million.

Tourism, one of Sri Lanka’s leading foreign exchange earners, suffered a setback due to the Covid-19 pandemic as well as economic and political crises in the country.

This post was last modified on April 8, 2023 10:13 pm

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Indo-Asian News Service

Indo-Asian News Service or IANS is a private Indian news agency. It was founded in 1986 by Indian American publisher Gopal Raju as the "India Abroad News Service" and later renamed. The service reports news, views and analysis from the subcontinent about the country, across a wide range of subjects.

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