19 May 2018

Ethiopia: Tourism Fetches U.S.$2.8 Billion in Three Quarters

Ethiopia has generated 2.8 billion dollars from tourists that have visited the nation in the first three-quarters of this fiscal year. It is three-fourths of the target that was put forth by the Ministry of Culture & Tourism (MoCT).

The nation has had 1.2 million tourists, where 756,758 of them were on a leisure visit.

The major reason given for the shortfall from the target was instability in regional states, according to Gezahegn Abate, public and international relations directorate at the Ministry. The Ministry was working to increase the number of tourists by up to a million for the past three years.

To develop the tourism industry, it is crucial to improve infrastructure and accommodation in order to attract tourists, according to Gezahegn. At the end of this budget year, the Ministry expects to generate 4.5 billion dollars.

Ethiopia

President Kenyatta Condemns Attack on Ethiopian PM Ahmed's Rally in Addis

President Uhuru Kenyatta has condemned as cowardly and outrageous an attack in the Ethiopian capital Addis Ababa which… Read more »

See What Everyone is Watching

Copyright © 2018 Addis Fortune. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 800 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.