Sri Lanka to sell aviation fuel at Chennai prices to boost tourism
ECONOMYNEXT – Sri Lanka’s state-run Ceylon Petroleum Corporation will be asked to sell aviation fuel at prices equal to Chennai airport in a bid to boost tourism after Easter Sunday blasts, the state information office said.
The cabinet of ministers had approved a proposal by Prime Minister Ranil Wickremesinghe to also take additional steps to boost tourism.
SriLankan Airlines will also be asked to cut handling charges.
A 10 dollar hike in the embarkation tax to 60 US dollar proposed by the budget will also be halted.
Sri Lanka has one of the highest embarkation taxes in the region.
The concessions will be given for the next six months.
Sri Lanka’s tourist arrivals plunged 70 percent in May, but has recovered slightly in June to about 50 percent down. (Colombo/July08/2019)