First very positive assessment for Operation Carlo 2021
Since December 1, the number of daily transactions a double compared to the previous year.
The readers of Monaco Tribune had already shared their impressions: the general opinion is that the Carlo application is very popular in the Principality. And to boost the local economy, the Prince’s Government did not hesitate to relaunch Operation Carlo at the end of 2021.
10,000 civil servants, state and municipal employees, retired civil servants and non-medical staff from the CHPG received an exceptional bonus, from 350 to 650 euros, converted into vouchers on the application and valid until ‘to ‘on March 31 in Monegasque shops.
Two and a half months after the launch, the results are very positive. According to the Government, of the 6.5 million euros paid by the Principality, more than 4 million have already been spent in the 395 partner businesses.
In general, daily transactions have doubled compared to 2020. In all, the application has accumulated a record number of 96,000 transactions, or 9 million euros directly injected into the local economy. Half of the total amount therefore comes from the exceptional bonus.
It should also be noted that, thanks to the 5% cash back generated with each purchase, 630,000 euros will once again be able to be used in partner businesses.
A virtuous circle, according to the Government, which not only supports the local economy, but also boosts the purchasing power of users, despite the health crisis.