Finance Minister Mangala Samaraweera yesterday said the tourism industry which has suffered a setback after the Easter Sunday attacks will recover within a short time.â€œWe are confident that the tourism industry will make a comeback sooner than expected. All measures will be taken to bring the economy back on track,â€ Samaraweera said
Addressing a press conference in Colombo yesterday, the Minister feared that the tourism industry may loose US$ 1.5 billion in revenue.â€œWe projected that if the tourism industry suffers a 30 percent drop in tourist arrivals, the industry will incur a US $ 1.5 billion loss. However, we are optimistic that the industry will make a strong comeback within a short time,â€ he said.
The Minister said that the tourism industry which resulted in external earnings of US$ 4.4 billion is projected to reach the US$ 5 billion mark in 2019.