Sri Lanka Tourism now implements a strategic plan to double the arrivals to 1.5 million and to generate an income of over $ 5 billion highlighting the sector as a major economic driver. Tourism Minister Harin Fernando disclosed.
Sri Lanka’s tax revenues have surged 34.8 percent percent to RS.1.28 trillion up to September 2022 amid high inflation and non-tax revenues also brought in 119 billion US dollars, up 63 percent from a year ago, finance ministry data shows.
High Commissioner of Sri Lanka to India Milinda Moragoda met with Indian Finance and Corporate Affairs Minister Nirmala Sitharaman at the latter’s office in North Block, New Delhi to review the status of bilateral economic cooperation.
In the wake of reawakening of repatriation foreign remittances via proper channels by Sri Lankans working overseas especially in the Middle East, the country’s sate owned banks have been introducing novel foreign exchange transfer systems to facilitate their money transfers.