The Minister of Tourism, María Amalia Revelo, acknowledged that the entry restriction that will be applied at all airports, seaports and land borders, starting Wednesday, March 18 will severely hit the tourism sector. “It is a complex day for the sector, we know it. We know that there will be an extremely strong economic impact,” Revelo said at a press conference, after the announcement of the declaration of national emergency by President Carlos Alvarado, at Casa Presidencial on mid-day Monday. According to the minister, the Government will try to work with the Legislative branch on some measures to alleviate the crisis that small, medium and large entrepreneurs in the tourism and other economic sectors could face, as a result of the emergency response to the new coronavirus. Along these lines, the Finance Minister, Rodrigo Chaves, and Planning Minister, Pilar Garrido, presented legislators with a plan to counter the negative effect of the covid-19 on the entire business sector. This plan consists of suspending, for three months from April to June, the collection of the Value Added Tax (VAT) – impuesto al valor agregado (IVA), in Spanish – as well as income tax, selective consu...