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Policy Uncertainty Threatens to Derail ADB’s $100 Million Tourism Revival Plan - LNW Lanka News Web
Summary by Lanka News Web (LNW)
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1 Articles
Policy Uncertainty Threatens to Derail ADB’s $100 Million Tourism Revival Plan - LNW Lanka News Web
Sri Lanka’s efforts to revive its tourism industry face renewed scrutiny as policy instability and bureaucratic hurdles threaten to undermine a US$100 million Asian Development Bank (ADB) assistance program designed to transform the sector into a sustainable growth engine. The ADB’s Sustainable Tourism Sector Development Program a key component of its ongoing support to Sri Lanka—aims to stimulate investment and innovation by developing two majo…
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