Sri Lanka, Indian rupee
x
Representational image

Tourism in Sri Lanka booms despite economic doom


Over 700,000 tourists visited Sri Lanka in 2022 despite the ongoing economic and political turmoil in the island nation which is recovering from its worst economic crisis in decades.

This marks a significant increase from the pandemic hit in 2021. In 2021, the tourist arrivals were under 195,000, according to Sri Lankas Tourism Development Authority (SLTDA).

Tourists galore

The tourism authority said that December 2022 recorded 91,691 arrivals behind the years highest amount of arrivals – 96,000 in February and 106,000 in March. The December arrivals were dominated by over 19,000 from Russia and over 17,000 from India. A total of 719,978 tourists visited Sri Lanka in 2022, according to the figures released from Sri Lanka Tourism Development Authority (SLTDA).

Sri Lanka, a country of 22 million people, is going through its worst economic crisis since its independence in 1948 which was triggered by a severe paucity of foreign exchange reserves.

The tourists arrival slowed from April because of the economic and political crisis kicking in. There have been street protests in Sri Lanka against the government since early April due to its mishandling of the economic crisis.

Also Read: Sri Lanka economic crisis: Unprecedented poverty grips nation

Grappling with crisis

From April to July, chaos reigned on the island nation with miles-long queues forming at fuel stations and irate residents coming out in thousands blocking roads with empty cooking gas cylinders.

Over 20 people died in the serpentine fuel queues due to exhaustion in long lines and in certain cases the waiting period extending over 72 hours. Sri Lanka Tourism had conducted campaigns to win back the tourism industry disturbed by the events connected to the economic crisis.

In September, the IMF announced that it will provide Sri Lanka with a loan of about USD 2.9 billion over four years under a preliminary agreement to help the bankrupt island nation tide over its worst economic crisis and protect the livelihoods of the people.

Read More
Next Story