Israel approves $85.8 mn to aid tourism

Date:

The Israeli tourism industry will receive a government aid of 300 million new shekels ($85.8 million) to deal with the coronavirus crisis, the Ministries of Finance and Tourism said.

Minister of Finance Israel Katz and Minister of Tourism Asaf Zamir met on Monday with hoteliers’ representatives to discuss the difficulties the sector has experienced due to the halt in inbound tourism since early March, reports Xinhua news agency.

According to the Ministries, hotels are experiencing additional operational difficulties, beyond the general difficulties that all economy sectors suffered since the pandemic, because about half of hotels’ guests are usually tourists.

Thus, the two Ministers agreed on assisting hotels operations, as foreign tourism is not expected to resume in the coming months, and to take other necessary actions to help tourism industry.

Katz said: “Tourism is an integral part of the Israeli economy and is of great importance. The aid is another step in restoring the Israeli economy to routine and growth.”

Zamir added that “tourism is in a serious crisis, and it is our job to act as quickly as possible to get it back on track and assist its rehabilitation”.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

Ensuring Player Safety: Discover the Top Measures Implemented at 9Winz Casino

Explore the top player safety measures at 9Winz Casino that prioritize a secure gaming environment.

De best beoordeelde gokkasten op Time 2 Spin NL: ontdek nu de beste spellen!

Ontdek de hoogst gewaardeerde slots op Time 2 Spin NL en ervaar gaming van topkwaliteit zoals nooit tevoren!

Exciting Updates: Tournament and Promotions for Netherlands Players Revealed!

Discover exclusive tournament and promotions tailored for Netherlands players. Stay ahead with the latest updates!

Chiranjeevi’s Mana Shankara Vara Prasad Garu First Single Buzz & Sankranthi 2026 Release

Megastar Chiranjeevi is all set to return to the...