Tourism Revenues Fall Short by Half

Feb 23 , 2019

Ethiopia has earned 1.4 billion dollars from tourism in the first half of this fiscal year, falling short of the target by half. The revenue was generated from over 380,000 tourists visiting the country. The plan was to secure 2.7 billion dollars, but the country managed to attain 53pc of the target, according to Hirut Kassa (PhD), minister of Culture & Tourism. In the last fiscal year, 933,000 tourists visited the country helping it bag 3.5 billion dollars in revenue, which was even higher than what the nation earned from exports in the reported period.