The orange economy drives economic recovery in Santa Cruz

26-02-23

Tourism was affected by the pandemic and social conflicts. Now that these moments have been overcome, and with the application of supportive policies, the sector is on the upswing.

With the approval of the departmental tax exemption law for the tourism sector, Santa Cruz is on its way to reactivating its orange economy, which was seriously affected by the pandemic and social conflicts. The aim of the law is to encourage formality and legality in the sector.

"The application of this type of law in favour of tourism will encourage people to buy tourist services with quality, safety and with the guarantee of good service from companies that are legally established and work in a formal manner," says Javier Rivera Segovia, director of the Hotel and Tourism Administration course at the Universidad Franz Tamayo, Unifranz.

Informality reaches 60%.

In the same vein, the departmental assemblywoman and drafter of the law, Paola Aguirre, while presenting the bill, said that the law aims to boost economic recovery and ensure quality service to users.