Sri Lanka, best known for its breathtaking landscapes, warm hospitality, and rich culture, has faced its fair share of challenges (to say the least) recently.

Intense political turmoil resulting from an economic crisis — with the impact of COVID-19 not helping matters — has raised anxieties among Sri Lankans and globetrotters alike regarding the safety and feasibility of the South Asian island.

Although such issues haven’t been entirely solved, Sri Lanka’s current well-being indicates an outstanding recovery, making it an increasingly secure and attractive destination for those with wanderlust — especially if on a tight budget.

Nevertheless, here are five key aspects that travelers must know about conditions affecting the country (good and bad) before entering the Sri Lankan border:

Past Political and Economic Challenges

Sri Lanka began experiencing a shocking amount of power cuts and shortages of necessary commodities in March 2022, including all-important fuel, medicine, and food. Consequently, the inflation rate surged by 50% annually, causing uproar among citizens and, thus, provoking mass protests across the entire nation.

The government’s incompetence to supply such goods was spurred by lacking local currency, leading President Goyabaya Rajapaksa to resign in July and protests to recede in November after eight months of chaos.

Much-Needed Cooperative Financial Support

Since the former President’s retirement — with Ranil Wickremesinghe taking over Rajapaksa’s reigns the same month — Sri Lanka luckily began receiving mounds of financial backing to get back on its feet, including a grant of $3 billion from the International Monetary Fund and a $600 million loan issued by the World Bank.

Most notably, however, during the beginning of the financial crisis, India issued Sri Lanka a $4 billion Credit Line, which was due to end this March. Although, following remaining obligations and only having $350 million left to spare, India, out of goodwill, granted Sri Lanka another $1 billion just two months ago — to spend on essential imports and more time to regain stability.

Following financial support and the government putting correct economic management policies in place, Sri Lanka’s inflation is reportedly down by 14%.

Now, it’s time for the tourism world to play its part. Excursions go way beyond sipping cocktails on the beach and sightseeing. By driving demand for services and local goods, the country’s financial state can greatly increase, assisting toward building a healthy economy, and fostering the prosperity and growth of its citizens.

Upholding Safety and Critical Resources

Given the abundant assistance, it’s safe to say that Sri Lanka is now secure enough to visit. The nation has finally overcome all critical shortages: fuel supplies have been restocked, healthcare services are functioning as usual, and supermarkets and restaurants are reloaded.

Tourist spots, such as national parks and beaches, are also functioning as usual, offering peaceful and pleasurable experiences for all as though nothing had happened.

By demonstrating resilience, Sri Lanka transforms itself back into a destination of choice and welcomes travelers from around the globe with open arms.

Highly Affordable Travel

One major silver lining is that the decline of the country’s local currency (the Sri Lanka Rupee) has made Sri Lanka an extremely affordable vacation hot spot.

Unlike many other hospitality businesses, Sri Lankan hotels have maintained pre-Covid prices, enabling travelers to save significant amounts of money on comfortable stays, typically with spectacular pools, spas, and beach views.

Food junkies will also be chuffed to know that they can acquire a cheap meal for just a few dollars, with the island’s most bougie restaurants charging approximately just $15 for delicious cuisine that is usually expensive to come by. Drinkers can also enjoy an ice-cold beer in the sunshine for just $1.25.

Awe-Inspiring Landmarks and Experiences

Sri Lanka, aptly known as ‘The Pearl of the Indian Ocean’, boasts plenty of worthwhile places to visit, flaunting luscious landscapes, national parks beaming with wildlife, and picturesque coastlines — all of which bring an uplifting experience to all walks of life.

The nation is a haven for adventurous animal lovers, with Yala National Park and Udawalawe National Park offering once-in-a-lifetime safari adventures. Visitors get the unique chance to spot many exotic animals in the flesh: elephants, storks, mongooses, langur and malkoha monkeys, and more.

In spite of Sri Lanka’s landmarks being magnificent, the nation goes far beyond natural beauty, possessing a remarkable cultural history spanning from colonial architecture to Buddhist temples and ancient palaces that are intriguing to all who visit.

No matter what makes you tick while on your travels, it’s time to embark on a Sri Lankan adventure. This diverse destination offers a range of enticing experiences that not only goes easy on finances but offers a generous dose of sunshine, ideal for recharging Vitamin D levels any time of the year.

Source: Travel Off Path

Colombo (LNW): Not many countries in the world could have recovered the way Sri Lanka has in a year after declaring bankruptcy. The recovery was fast and swift. President Ranil Wickramasinghe did a miracle with a handful of people.

Sri Lanka was at its absolute rock bottom last year with inflation at over 70% and heading into hyperinflation. Market interest rates were around 30% and there was a fear of food shortages last year. Venezuela and Libya was what was in store for Sri Lanka.  

Leadership averted the destruction and the big fall. We are definitely not out of the woods, but compared to last year, the economy has been stabilized. Inflation is expected to hit single digits soon, the Central Bank cut policy rates by 200 basis points earlier this month and another cut is expected soon. 

Now the SLPP MPs run around as though nothing really happened. Some even have the audacity to insult the President by having press conferences. They demand portfolios and want to run the government according to their agenda. Forgetting how they destroyed a nation.

The SLPP Brought down the country to its knees. No question about it. Dilum Amunugame then a cabinet minister wanted Gotabaya Rajapakse to be a Hitler. He was crucified publicly. Now he has become a minister. Seen signing agreements smiling to the TV. Ali Sabry PC.

Claimed they brought the next Lee Kuwan. Now he is the foreign minister. Going round the globe. Some SLPP MPs have aligned very well with the President. They are  riding the wave promoting themselves well. Like Shehan Semasinghe, Ranjith Siyabalapitiya, Tharaka Balasuriya , Nimal Lansa , Ali Sabry PC, Banduala Gunawardana and many more silently.

Nimal Siripala and a few more stand beside him like a rock. The President has captured the imagination of many MPs from both the Government and opposition. Some opposition MPs are harassing him to take them into the government. The President should strengthen himself by taking all those who want to support the recovery.

They very well know he is the only man who can deliver in this economic crisis. The entire country saw him perform in France and Japan. The ease in which he interacted with the King of England and the commonwealth. Unfortunately the SLPP MPs have forgotten they were the most detestable set of people one year ago.

The entire country wanted the 225 MPs thrown out. They made an attempt to take over parliament. Now they have come out of the ashes. Now they want their piece of flesh. The President risked his life and lost everything in his private ancestral house. What more does he have to sacrifice?

However the importance of speedy structural reforms to ensure the country never goes bankrupt again with a leader like Gotabaya Rajapakse and set of clowns in parliament must be averted at any cost. It is finally the public that pays for the excesses and abuse by the ruling class -the parliamentarians.

How these SLPP MPs have forgotten that their Economic mismanagement by their government resulted in the 2019 economic crisis confirms the theory that less than 5% of our MPs have passed their Ordinary Levels. The President should not get distracted. He must stay on course. If it become ungovernable due to petty SLPP politics, He should dissolve parliament and let the country appoint a decent set of new parliamentarians.

Adolf