Turismo de Portugal paid €70 million to more than 22,800 companies today
In the note released today, the office of the Minister of Economy and the Sea recalls that the deadline for requests for financial support ended on the 22nd of December and that, given the “high registered demand” and the budget allocation for the measure, “each of companies received an increase of about 12.5% compared to the values already received in the Support Program”.
With the Support Tourism measure, aimed at the accommodation, catering and similar sector and other tourist activities, the executive intended to reinforce support for tourism companies that, due to having suffered strongly from the impacts of the covid-19 pandemic, were the object of support within the scope of the Apoiar Programme, now in a complex macroeconomic context, bearing in mind the effects of the suspension, the increase in energy costs and the context of war in the European space.
“The payment, even before the end of the year, of the support provided for in the ‘Support Tourism’ measure reflects the fulfillment of a commitment assumed by the Government at the beginning of this month and allows to reinforce, by 70 million euros, the financial resources of more than 22,800 companies in the tourism sector, to meet its growing cash needs, consequences, namely, of the increase in costs resulting from the current global macroeconomic context”, says Nuno Fazenda, quoted in the statement.
The Support Tourism Measure, part of the APOIAR Programme, is part of the Medium-Term Agreement for the Improvement of Income, Salaries and Competitiveness, signed, on the 9th of October, by the Government and the social partners.
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