Sunday Nov 24, 2024
Sunday Nov 24, 2024
Tuesday, 8 November 2022 00:29 - - {{hitsCtrl.values.hits}}
Earnings from the tourism sector have crossed the $ 1 billion mark by October.
As per data released by the Central Bank, January to October earnings from tourism amounted to $ 1.02 billion reflecting a 546% increase from the corresponding period of last year impacted by COVID-19.
At the end of September 2022 the figure was $946.4 million.
The crossing of $ 1 billion mark follows October earnings amounting to $ 75.6 million up from $ 53.6 million in September this year. In October last year earnings amounted to $ 59.3 million.
In Rupee terms, the first 10 months of 2022 earnings were Rs. 293 billion.
The higher earning is on the back of over half a million tourist arrivals in the first 10 months of 2022 in comparison to 61,000 last year.
