Reuters) - Egypt has seen an Egyptian government document showing Cairo aims to increase tourist arrivals, Reuters news agency reported on Wednesday.The document says Egypt wants to increase the number of tourists to 12 million in the fiscal year 2019-2020, up about 11 percent from the previous fiscal year.The tourism sector is an essential pillar of Egypt's economy, a source of livelihood for millions of citizens and a major source of foreign exchange.
The document showed that the government aims to increase the number of tourist nights to 127 million nights in 2019-2020, compared to 113 nights a year ago.
The temptation of the Egyptian tourist destination increased after the central bank's decision to liberalize the pound in November 2016.
This has halved the value of the local currency and boosted the competitiveness of the tourism sector.
Tourist figures in Egypt have made big leaps in 2018, up 47.5 percent, bringing the total number of tourists to 9.8 million.
Egypt's tourism sector picked up in June with the start of the African Cup of Nations, with thousands of African tourists from 23 countries flocking to Egypt to support their national teams.
According to the Egyptian Ministry of Tourism that hotel occupancy rates exceeded 80 percent in the provinces hosting the championship, and tourist destinations in those governorates have seen a large turnout of African tourists.