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Tourism Sector Highlights the Drop in Vat, but Calls for a Truce to Unemployment so that the Measure Works

Summary by El Universo
President Daniel Noboa's announcement to reduce the value added tax (VAT) to 8% for the four-day holiday on October 9 is well received by the tourism sector; however, businessmen warn that this measure will be useless if roadblocks persist.

1 Articles

El UniversoEl Universo
Lean Right

Tourism Sector Highlights the Drop in Vat, but Calls for a Truce to Unemployment so that the Measure Works

President Daniel Noboa's announcement to reduce the value added tax (VAT) to 8% for the four-day holiday on October 9 is well received by the tourism sector; however, businessmen warn that this measure will be useless if roadblocks persist.

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El Universo broke the news in on Monday, October 6, 2025.
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