The Central Bank of Sri Lanka has forecast that the tourism industry will earn US $ 1,800 million by the end of this year.
The Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal said that the tourism sector is expected to earn more this year compared to 2021.
He said the country earned US $ 682 million from tourism in 2020, which reduced to US$ 260 million in 2021.
Cabraal said the lock-down of the country, the imposition of travel restrictions and the suspension of flights were the main reasons for the decline in tourism earnings in 2021 compared to 2020.
He said although the country earned US $ 682 million from tourism in 2020, it had reduced to US$ 260 million in 2021.
Of this, $ 120 million was received in December 2021, the governor noted. The number of tourist arrivals in November 2021 was 44,294 and the number of tourist arrivals in December of that year was 89,506, the Governor said, citing statistics.
He said that at the beginning of 2022, there will be another increase in the tourism sector and that the first two weeks of January and February saw the highest number of tourist arrivals.
Accordingly, there is a tendency for more foreign tourists to visit Sri Lanka in the future.
- Govt. siphoned out millions from LRC fund for failed organic fertiliser project | Breaking News
- Parliament convenes today! | Breaking News
- Sri Lanka’s John Keells-Adani container terminal starts dredgingSri Lanka bond market dull after FinMin statement on local debt restructuringSri Lanka spends record amount on maize imports after agrochemical banSri Lanka sells Rs88bn in Treasury bills | Sinhala News