Home / Front Page/ Tourism crisis: CB Chief to meet banks, finance companies again

Tourism crisis: CB Chief to meet banks, finance companies again

Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 10 July 2019 00:17

The Central Bank Governor Dr. Indrajit Coomaraswamy will meet banks and finance companies tomorrow (11 July) to expedite support via moratorium and working capital assistance for the tourism sector businesses hit by the Easter Sunday attacks. Tourism Minister John Amaratunga said yesterday there are complaints that some banks and finance companies were not adhering to the Government’s directive to grant relief to the tourism industry.

He stressed that all should comply with the Government request to grant the relief to the tourism sector; else their licences would be cancelled.

With all these initiatives being rolled out in an effective way to revive the tourism industry, Amaratunga expressed his confidence that Sri Lanka would be able to achieve estimated of 2.5 million tourist arrivals by the end of the year.

“At this moment things are quite normal. There is no threats of any terrorism or any terrorist organisation. We have taken a number of initiatives to revive the industry. Although we thought there would be a major drop in the lean period, it is not bad as we thought — the traffic is now increasing. With all these initiative I am confident we could achieve our original estimate of 2.5 million tourist arrivals by the end of the year,” he said.

He also noted that approval has been given for the operation of domestic airlines and that it is now a question of selecting the companies.


Share This Article

Facebook Twitter


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

An efficient energy sector for economic growth

Tuesday, 22 October 2019

When I saw the advertisement about an Energy Forum organised by PUCSL for a Policy Dialogue on the importance of an efficient energy sector for economic and investment growth, I was very happy as I have been interested in this relationship for more t

Will the rule of law, ethics, and morality be above family rule and crony rule?

Tuesday, 22 October 2019

The two main contenders for the Presidency of Sri Lanka are Gotabaya Rajapaksa and Sajith Premadasa. That is stating the obvious. No doubt, some others may have a limited impact on the outcome. Minority votes may benefit Premadasa, while the Sinhala

Botched airport opening ceremony: Sri Lanka cries

Tuesday, 22 October 2019

Last Thursday (16 October) was a great day for Sri Lanka; the Jaffna International Airport was opened. It offered a great opportunity for integrating Jaffna with the rest of Sri Lanka; for tourists from Tamil Nadu (the largest number of tourists comi

Ministry of Tourism: A nation rich in hospitality

Monday, 21 October 2019

This series is based on business leader Dhammika Perera’s recently revealed ‘Economic Growth Strategy and Action Plan to increase GDP Per Capita from $ 4,000 to $ 12,000’. The document outlines goals and action plans for 23 ministries and today

Columnists More