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Thursday, 11 August 2011

Sri Lanka's tourist arrivals increased by 32.3 percent in July over one year period

Sri Lanka's tourist arrivals gained 32.3 percent in July from a year earlier to the highest level since December's record tally, as the island nation kept attracting more visitors and tourism-related investment since the end of a 25-year civil war.

Arrivals have risen every month on a year-on-year basis since the war's end in May 2009, and the government is targeting annual revenue of $2.5 billion by 2016 from visitors coming to see Sri Lanka's beaches, hills and religious and historic sites.

According to the Central Bank of Ceylon governor Ajith Cabraal Sri Lankan economy returns on path of 8% growth rate after the war has ended in 2009.

Read more: Reuters 11 August 2011

Economictimes Indiatimes 11 August 2011

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