Kandy Вђ“ | March 2023

: To meet IMF conditions, the government implemented austerity measures, including rolling back energy subsidies and increasing taxes, which led to rising electricity costs during this period. Tourism & Travel Trends

: Tourist hubs like Kandy were fully operational and considered safe for international travelers, with authorities focusing on normalization and comfort for visitors. Climate & Weather Overview Sri Lanka Country Report 2026 - Bti-project.org Kandy – March 2023

: On March 20, 2023, the IMF officially approved a $2.9 billion Extended Fund Facility for Sri Lanka. This triggered essential economic reforms and provided the necessary foreign exchange to stabilize the country's finances. : To meet IMF conditions, the government implemented

: The majority of visitors came from Europe (58.9%), particularly from Russia, the UK, Germany, and France, followed by India as the largest single inbound market. This triggered essential economic reforms and provided the

March 2023 was a landmark month for Sri Lanka's recovery from its severe 2022 economic crisis:

: The stabilization of the currency and the IMF deal began to ease the acute shortages of fuel and medicine that had plagued the country earlier in the year.