Money for 314 hotels to arrive by the end of the week  

Money for 314 hotels to arrive by the end of the week

Money for 314 hotels to arrive by the end of the week

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FX inflow from tourism was lower by 19% in H1, and the number of foreigner arrivals decreased by 65%. Hoteliers who opened purpose RSD subaccounts at the Treasury Administration, and meet the conditions for receiving subsidies from the state, will receive the money by the end of the week, said Miroslav Knežević, State Secretary at the Ministry of Trade, Tourism and Telecommunications. Disbursing this aid was approved for 314 hotels, which employ nearly 10,000 people, and the goal of this assistance is to mitigate the consequences of the coronavirus pandemic. Funds started being disbursed last week. The state allocated RSD 1.24 billion for assisting hoteliers. 

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