Egypt’s expected tourism sector losses in 2020 worth $12-$13bn, says industry association
Published 04 Apr,2021 via Daily News Egypt - Egypt’s expected tourism sector losses in 2020 are worth between $12bn-$13bn, according to Ehab Abdel Aal, Treasurer of the Cultural Tourism Association.
Speaking to Daily News Egypt, Abdel Aal said that though there has been no official statement by the Egyptian Government on the size of the losses, it can be expected soon.
“Egypt’s income from tourism was $16bn annually, but in 2020, Egypt only achieved $2.5bn, in the months of January and February,” he said, “So this makes the expected losses between $12bn and $13bn.”
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