Tourism earnings hit $ 1.3 b in 1Q

Friday, 31 May 2019 00:20 - - {{hitsCtrl.values.hits}}

Worker remittances amount to $ 1.6 b in first 3 months of 2019

During the first quarter of 2019 tourism earnings reached $ 1.3 b, recording a growth of 4.6% over the corresponding period of 2018, latest data by the Central Bank showed.

Earnings from tourism in March recorded a growth of 4.7% year-on-year, according to the external performance data released by the Central Bank on Tuesday.

Tourist arrivals in March 2019 numbered 244,328, registering a year-on-year growth of 4.7%. This growth was mainly driven by tourists arriving from India, the UK, China, Germany and France.

Tourist arrivals during the first quarter of 2019 amounted to 740,600, a growth of 4.6% over the corresponding period of 2018. In March 2019, earnings from tourism were estimated at $ 459 million, with cumulative earnings amounting to $ 1,390 million during the first quarter of 2019.

In March 2019, workers’ remittances amounted to $ 571 million. On a cumulative basis, workers’ remittances amounted to $ 1,617 million during the first three months of 2019.

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