Humanity in the desperation of the Algarve economy

Humanity in the desperation of the Algarve economy

ALGFUTURO, in a statement sent to the newsrooms, which we transcribe in the following section, says that the situation is tragic with a fall in wealth 5 to 6 times higher than the national average and businessmen denounce attitudes of the government with idle hands.

In a heavy environment due to the increasingly deep crisis that is opening in the region, unanimously, the business community of the Union by businessmen from the Algarve gathered in the General Assembly regretted that the reality shows that ALGFUTURO was right when more than a month ago it considered that the indicators wealth production and unemployment were very bad.

Now, it is confirmed that the situation is tragic, with the prospect of a quick estimate that the wealth produced will fall to such a point that the sum of 2020 and 2021 may be lower than the entire year 2019. This is the result of the enormous dependence of tourism, representing a fall 5 to 6 times greater than the national average (about 8%), which is a disaster.

Once again, it was regretted that Terreiro do Paço let the Algarve reach such decrepitude, and it is considered inadmissible for everyone to stand there watching the calamity, without doing anything!

To what we say: dropping a region without doing anything would be a shame!

Everything has to be tried.

In our view, expressed about a month ago, a hypothesis is, after the vaccination of risk groups is completed, to start in dependent areas of the country in more than 50% of the tourist sector that is going down. At the same time, municipalities should plan to acquire virus screening tests.

In the economic area, other situations were evaluated, which will be reported in a statement next Monday.

On the part of ALGFUTURO, there is a total commitment to a solution of the crisis and hard work with all agents for the change in Excellence and Competitiveness of tourism and diversification of the economy.


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