FAO, USAID, and the Ministry of Agriculture’s Department of Agriculture are developing a plan of action to increase the paddy productivity of the Dry and Intermediate Zones.
Sri Lanka Tourism Development Authority headed by well experienced tourism expert Priynatha Fernando, Sri Lanka has achieved the revised target of 700,000 million arrivals set for last year (2022).
The European Investment Bank (EIB) has expressed willingness to continue its financial assistance to Sri Lanka even making new fiscal commitments following the outcome of the country’s effort to gain the US$2.9 billion IMF extended Fund Facility.
President Ranil Wickremesinghe has outlined plans to attract over two million tourists to Sri Lanka, including those willing to spend $500 per day although tourist numbers had dropped following the protests in May and June of last year.
The Rubber Product industry, the 4th largest export earning industry accounting for 8% of the total national exports , has brought US$977 million as export income into Sri Lanka mainly from tyre exports.