country: The coordinated bombings killed more than 350 people, but the disaster is far from over, according to Global Times China. The country faces a possible collapse in tourism, which is a major source of foreign exchange earnings for the small nation. If the island country fails to seek further assistance from international organizations such as IMF, China may be able to help. Sri Lanka has a target of attracting 4 million foreign visitors for 2019, but Sunday's attacks will make that difficult to achieve. If Sri Lanka can't get enough financial support from India or other countries to alleviate its pain, it seems inadvisable to prevent the island country from seeking help from China. The nation must fill the gap caused by plunging tourism receipts by adding new momentum to the economy.
(news.financializer.com). As
reported in the news.
Tagged under country, exchange earnings topics.