Kandy Вђ“ March 2023 Apr 2026

The tourism sector in Kandy saw a notable resurgence during this month:

: Nationwide, tourist arrivals reached 125,495 in March 2023, a significant 17.8% increase compared to the previous year. Kandy – March 2023

: On March 20, 2023, the IMF officially approved a $2.9 billion Extended Fund Facility for Sri Lanka. This triggered essential economic reforms and provided the necessary foreign exchange to stabilize the country's finances. The tourism sector in Kandy saw a notable

March 2023 was a landmark month for Sri Lanka's recovery from its severe 2022 economic crisis: March 2023 was a landmark month for Sri

: The majority of visitors came from Europe (58.9%), particularly from Russia, the UK, Germany, and France, followed by India as the largest single inbound market.

: To meet IMF conditions, the government implemented austerity measures, including rolling back energy subsidies and increasing taxes, which led to rising electricity costs during this period. Tourism & Travel Trends