Sri Lanka, Oct. 29 -- The Asian Development Bank (ADB) has approved a USD 100 million financing package to support Sri Lanka's tourism sector with strategic policy reforms and targeted catalytic investments, which align with the country's National Tourism Policy.

The project will support sector governance improvements; enhance private sector participation and boost tourist arrivals and foreign exchange earnings; and address the infrastructure gap, while strengthening product development and high-end destination marketing.

The funding for the consists of a concessional loan of USD 70 million and a regular loan of USD 30 million from ADB.

"Although Sri Lanka's tourist arrivals in 2025 returned to 2018 levels, earnings have remained below...