Sri Lanka's tourism sector rebounds, contributes 2.5% to GDP, aiming $3B with 2M tourists, aligning with pre-crisis levels.

Sri Lanka's tourism sector is rebounding following a severe economic crisis, now contributing 2.5% to GDP and employing 205,000 people. The country aims for $3 billion in revenue from 2 million tourists this year, aligning with pre-crisis levels. Recovery follows a $2.9 billion IMF bailout and debt restructuring. The new president, to be elected soon, is expected to implement policies that enhance tourism facilities, marketing, and visa processes to sustain growth.

September 05, 2024
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