Sri Lanka fears up to $1.5 B tourism losses

COLOMBO, Sri Lanka --- Sri Lanka fears its lucrative tourism industry could see arrivals drop up to 30 percent, with losses of $1.5 billion this year, after deadly Easter attacks, the finance minister said Friday. "Tourism will be the worst affected," Finance Minister Mangala Samaraweera told reporters. "We expect a 30 percent drop in arrivals and that means a loss of about $1.5 billion in foreign exchange." Samaraweera said the country could take up to two years to fully recover from Sunday's attacks, which devastated three luxury hotels and three Christian churches and killed 253 people killed, among them many foreigners. The government has blamed local Islamist extremi...Keep on reading: Sri Lanka fears up to $1.5 B tourism losses

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