The outbreak of COVID-19 has impacted countries in different ways and in varying degrees. Yet, around the world, response to curb the pandemic has translated into national lockdowns and a wide implementation of travel restrictions and shutdown of borders making tourism one of the hardest-hit sectors. Currently, differents governments worldwide responded swiftly to the crisis through wide-ranging efforts, including introducing fiscal stimulus and monetary packages with tourism-specific measures to mitigate the effects of COVID-19 in tourism and support recovery. For examples, the Indonesian’s government has provided $725 million stimulus package to revive the tourism industry. In Italy, the government offered a monetary package of EUR 4 billion which will help in reintroducing the country’s image to the world. In Japan, the Japan Tourism Agency had a recovery plan to offer USD 2.2 billion in order to make tourist destinations more attractive to international tourists, and in Korea, the government deferred taxes payments and introduced employment support for the tourism industry. Check the attached file for more details.
