Decline in Remittances due to Drop in Tourism Earnings

14th July, 2020 News and Updates

With the suspension of passenger flights to Sri Lanka from mid March onwards due to the ongoing COVID-19 pandemic cumulative tourist arrivals remained at 507,311 during the first five months of 2020 in comparison to 945,377 for the same period in 2019. Earnings from tourism also recorded a drop of 46.3% for the first five months of 2020 compared to the corresponding period in 2019.

Source: Daily FT