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Sri Lanka to give tax waivers, support measures for tourist industry: report

Sri Lanka is planning a package of measures to help the tourist industry bounce back quickly and contain the terror threat, Finance Minister Mangala Samaraweera has said following attacks by Pan-Islamic nationalists.

Sri Lanka will give import duty waivers to bring in scanners and security related equipment while taking action to shut down an Islamic terror cell, Samaraweera told Bloomberg television.

He said the tourism industry has asked for support including duty waivers to import security equipment.

“We will be giving serious consideration to these suggestions,” Samaraweera said.

He said while there may have been a lapse initially, authorities were shutting down a terror network and improving security.

“Sri Lanka security forces and police are very much on the top of the situation,” he said.

Samaraweera said there already indications of tourists returning.

Suicide bombers linked to Islamic State, a Syria based nationalist group that is advocating a greater Islamic nation.

Courtesy – economy next

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