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Expert briefing
Publication date: 31 October 2022
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The kingdom has raised the long-standing ‘sustainable development fee’ (SDF) for visitors from most countries to USD200 per night from USD65. It hopes that tourism revenue can…

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Expert briefing
Publication date: 21 December 2021
Expert Briefings Powered by Oxford Analytica

Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…

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Expert briefing
Publication date: 14 July 2021
Expert Briefings Powered by Oxford Analytica

In late May, it approved a three-month, USD200mn currency swap with Sri Lanka to help ease Colombo’s foreign exchange woes. The move underscores its growing economic strength…

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