Tourism chamber joins chorus over dollar decline

The national tourism chamber said that a proposal in the legislature to prevent future erosion of the dollar’s value is insufficient. It urged strong action.

The chamber is the Cámara Nacional de Turismo. It gave many of the same complaints aired by the hotel chamber earlier in the week regarding the decline in the value of the dollar.

The chamber also called on the central government to attack its staggering fiscal deficit. It also sought a special exchange rate for small businesses.

The measure in the legislature would give the board of the Central Bank power to assess a 30 percent surcharge on money leaving the country. The idea is to reduce the inflow of what the government considers speculative capital, money invested here because of the relatively high interest rate on colons.

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