In the just ended fiscal year, Ethiopia generated 3.3 billion USD from tourists that came to visit the country. This was disclosed by the Ministry of Culture and Tourism.
The money was generated from more than 886,000 tourists that visited Ethiopia during the period. The performance was 88.7 percent of the target the Ministry put by the start of the last fiscal year.
Compared to the 2014/2015 fiscal year, the revenue generated from tourism sub sector, has declined by 2.5 percent/.
According to the Ministry, sustainable peace is key for capitalizing from the sector better in the future.
Source: Walta Information Center