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Gastronomy Sector Seeks Tax Lifeline After Colombian Earthquake
๐Ÿ‡จ๐Ÿ‡ด Colombia /Disasters & Emergencies

Gastronomy Sector Seeks Tax Lifeline After Colombian Earthquake

From El Tiempo · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Ongoing story
  • Colombia's gastronomy sector is seeking urgent tax relief measures from regional authorities following damage and economic disruption caused by a recent earthquake.
  • The sector projects over 200,000 jobs could be lost if businesses cannot sustain operations and employment amid the crisis.
  • Leaders are appealing to governors and mayors in affected areas, including Cali and Buenaventura, for extraordinary tax breaks to help businesses survive and retain staff.

The Colombian gastronomy sector is urgently appealing for extraordinary tax relief measures to avert widespread job losses and business closures in the wake of a recent earthquake. Leaders from the hardest-hit regions are calling on governors and mayors to implement swift financial support to help establishments maintain operations and employment.

Nicolรกs Leyton, executive director of Gastronรณmica for the Pacific and Amazonia regions, highlighted the severe impact of the disaster. He stated that the crisis extends beyond physical infrastructure damage, encompassing operational restrictions, precautionary closures, a sharp decline in consumer traffic, and mass reservation cancellations that are rapidly depleting sector revenues. Many businesses are struggling to cover fixed costs like payroll, rent, and utilities while also trying to support their communities.

"The emergency is affecting our structures, our operation, and our income, but above all, it is putting the stability of more than 240,000 jobs, their families, and their life projects at risk," Leyton said. "That is why we need measures that protect people, preserve jobs, and allow our establishments to remain open while we overcome this crisis."

The appeal is specifically directed at the mayors of Cali and Buenaventura, as well as other local leaders in the affected territories. It also urges the governors of Valle del Cauca, Chocรณ, and Cauca to collaborate with the mayors in implementing the necessary urgent measures. The sector hopes these tax alleviations will provide a crucial lifeline, preventing a domino effect of bankruptcies and job losses in an industry already vulnerable after previous crises.

The emergency is affecting our structures, our operation, and our income, but above all, it is putting the stability of more than 240,000 jobs, their families, and their life projects at risk. That is why we need measures that protect people, preserve jobs, and allow our establishments to remain open while we overcome this crisis.

โ€” Nicolรกs LeytonDirector ejecutivo de Gastronรณmica, regional Pacรญfico y la Amazonรญa, explaining the dire situation faced by the gastronomy sector.
DistantNews Editorial

Originally published by El Tiempo in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.