17.2 C
Ibiza Town
Thursday, March 28, 2024

Hospitality industry receives 34% of the aid in the Pitiusas for companies and self-employed

Ibiza and Formentera will benefit from 20% in the distribution of the 855.7 million euros of state subsidies to alleviate the crisis of covid

The companies and self-employed of Ibiza and Formentera have so far received 97.2 million euros in state funds to alleviate the effects of the covid crisis, as reported yesterday by the Minister of Finance of the Balearic Govern, Rosario Sanchez. The economic sector that will receive the highest percentage of these subsidies is the hospitality industry, with 33.9%, followed by retail, with 22.9%, and wholesale, with 12.9%, while construction benefits from 6.2%.

Sánchez, along with the Minister of Mobility, Josep Marí Ribas, and the Director General of Economic Development and Employment, Llorenç Pou, met yesterday afternoon with business and trade union representatives to report on the status of the new phase of distribution of these state funds, which in the Balearic Islands amount to 855.7 million euros. The meeting was initially scheduled also with the president of the Govern, Francina Armengol, who, after inaugurating the Aulas Feministas conference in Can Ventosa, did not attend the appointment with employers and unions in the Ibiza headquarters of the University of the Balearic Islands (UIB) in the end.

The economic injection provided with these state funds, managed by the Government, has so far benefited 1,605 companies and self-employed from the Pitiusas. The island of Ibiza has received a total of 86 million euros, compared to more than 11 million for Formentera, according to Sánchez.

The first line of these subsidies, which was intended exclusively for the self-employed who are taxed by modules, covered 349 beneficiaries in Ibiza with 1,020,709 euros, while another 411 from Formentera received 180,407 euros.

For the full article, please visit Diario de Ibiza website here.

Latest news

Related news