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Harsha flags 'tourism paradox' as arrivals rise but revenue weakens
Daily FT
|February 25, 2026
OPPOSITION MP Dr. Harsha de Silva has warned of a growing "tourism paradox," claiming that while visitor arrivals are increasing, sector earnings are failing to keep pace due to regulatory loopholes and revenue leakages.
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In a post on X, the Samagi Jana Balawegaya (SJB) Parliamentarian noted that foreign nationals are allegedly operating unlicenced cafés, bars, surf camps and tour services on tourist visas, allowing income to be collected through overseas payment platforms.
"Arrivals surging, revenue falling," he wrote, arguing that unregulated activity enables money to flow out of Sri Lanka rather than circulate within the local economy.
Esta historia es de la edición February 25, 2026 de Daily FT.
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