Sri Lanka crossed the billion dollar milestone in earnings from tourism in October when the country earned US$ 75.6 million from the trade, which is providing a glimmer of hope for the country’s economy beset by acute shortages of foreign currency since the middle of last year.
With October revenues, Sri Lanka recorded US$ 1,022 million in cumulative earnings in the ten months, compared to US$ 158.2 million reported in the corresponding period in 2021.
Tourism in Sri Lanka was looking to become a more than US$ 5.0 billion foreign exchange earning industry before the Easter bombings and the pandemic which nearly decimated the industry for two years.
At its peak in 2018 Sri Lanka earned US$…
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