Answer to Question #238706 in Microeconomics for penda

Question

Tourism could become an engine of growth and economic development. Discuss the current challenges facing tourism and the strategies proposed in the Fifth National Development Plan (NDP5) to promote and stimulate the tourism sector?

Answer 1

the current challenges facing tourism are high taxation, infrastructure issues, and security and cross border regulations.

The Fifth National Development Plan (NDP5) propose that encouraging global travel and boosting trade by providing subsidies and reducing taxes will promote growth of tourism.